Heico Corp. (HEI) Reports Q4 EPS of $0.56, Offers Guidance

Heico Corp. (NYSE: HEI) reported Q4 EPS of $0.56, versus $0.48 reported last year. Revenue for the quarter came in at $328.7 billion, versus $292.22 billion reported last year.

Based on our current economic visibility, we are estimating year-over-year growth in both net sales and net income of approximately 8% - 10% over fiscal 2015 levels with our consolidated operating margin approximating 18.5%. These estimates exclude additional acquired businesses, if any. Additionally, we anticipate depreciation and amortization expense of approximately $57 million, capital expenditures to approximate $30 million and cash flow from operations to approximate $200 million."

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