Heico Corp. (HEI) Tops Q2 EPS by 3c

Heico Corp. (NYSE: HEI) reported Q2 EPS of $0.53, $0.03 better than the analyst estimate of $0.50. Revenue for the quarter came in at $368.7 million versus the consensus estimate of $369.46 million.

Laurans A. Mendelson, HEICO’s Chairman and CEO, commented on the Company's second quarter results stating, "We are very pleased to report record quarterly results in consolidated net sales, operating income and net income driven by record net sales and operating income at both operating segments. Our outstanding performance principally reflects increased demand and operating efficiencies within both of our operating segments, as well as the excellent performance of our well managed and profitable fiscal 2016 acquisition."

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

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