Helios Technologies (NYSE:HLIO) will be reporting earnings after the bell. Last quarter, the company beat revenue expectations by 3.8%, reporting revenues of $195.5 million, down 7.8% year on year. This quarter, analysts expect revenue to decline 8.4% to $201.5 million, with adjusted earnings at $0.50 per share. Peers in the gas and liquid handling segment like Gorman-Rupp and Standex have already reported Q2 results, with revenue growth of 5.6% and 23.2% respectively. Helios investors are steady heading into earnings, with an average analyst price target of $45.20. Generative AI is set to impact large corporations, offering investment opportunities in semiconductor stocks.

Read more at StockStory Media: Helios (HLIO) Reports Earnings Tomorrow: What To Expect