Heico Corp. (HEI) Misses Q1 EPS by 4c, Revenue Misses, Affirms Guidance

Heico Corp. (NYSE: HEI) reported Q1 EPS of $0.41, $0.04 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $268.2 million versus the consensus estimate of $286.39 million.

"Based on our current economic visibility, we continue to estimate full fiscal year growth in both net sales and net income of approximately 8% - 10% over fiscal 2014 levels with our consolidated operating margin approximating 18%. Additionally, we continue to anticipate depreciation and amortization expense of approximately $48 million, capital expenditures to approximate $25 million and cash flow from operations to approximate $200 million."

For earnings history and earnings-related data on Heico Corp. (HEI) click here.

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