Aug. 4 at 4:48 PM
$HONA reports earnings on Aug 5th after the market closes. This is their first earnings report since the spinoff was completed on June 29th. GLTA!
The company has a massive backlog exceeding
$19B in commercial and military contracts, providing highly visible long-term revenue. Aftermarket business is robust. Once equipment is placed on a commercial or defense platform, maintenance, repair, and overhaul can generate more than 20 times the original sale value over the equipment's operating life.
•Earnings Per Share: Expected to come in at
$2.07 per share.
•Quarterly Revenue: Expected to hit approximately
$4.67B.
•Long-Term Target: Wall Street will evaluate these numbers against management’s stated goal of achieving
$6.5B in earnings by 2030.