Heico Corp., (HEI) Tops Q1 EPS by 3c; Increases FY11 Outlook
Heico Corp., (NYSE: HEI) reported Q1 EPS of $0.40, $0.03 better than the analyst estimate of $0.37. Revenue for the quarter came in at $184.5 million versus the consensus estimate of $176.03 million.
Increases FY11 net income growth from 15 - 17 percent to 20 percent.
Also increases FY11 sales outlook from 13 - 15 percent to about 18 percent.
Increases FY11 net income growth from 15 - 17 percent to 20 percent.
Also increases FY11 sales outlook from 13 - 15 percent to about 18 percent.