Heico Corp. (HEI) Reports Q3 EPS of $0.51

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Go back to Heico Corp. (HEI) Reports Q3 EPS of $0.51

HEICO Corporation Reports Record Net Sales, Operating Income and Net Income in the Third Quarter of Fiscal 2015; Full Year Fiscal 2015 Net Income Estimate Confirmed Within Prior Forecasted Range

August 25, 2015 7:09 PM EDT

HOLLYWOOD, Fla. and MIAMI, Aug. 25, 2015 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE: HEI) today reported that net income increased 3% to a record $34.4 million, or 51 cents per diluted share, in the third quarter of fiscal 2015, up from $33.4 million, or 49 cents per diluted share, in the third quarter of fiscal 2014.  Net income in the third quarter of fiscal 2014 includes approximately $3.4 million, or a $.05 per diluted share benefit, from a reduction in accrued contingent consideration related to a prior year acquisition.

In the first nine months of fiscal 2015, net income increased 7% to a record $95.1... More

HEICO Corporation Reports Record Net Sales, Operating Income and Net Income in the Third Quarter of Fiscal 2015; Full Year Fiscal 2015 Net Income Estimate Confirmed Within Prior Forecasted Range

August 25, 2015 7:08 PM EDT

HOLLYWOOD, Fla. and MIAMI, Aug. 25, 2015 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE: HEI) today reported that net income increased 3% to a record $34.4 million, or 51 cents per diluted share, in the third quarter of fiscal 2015, up from $33.4 million, or 49 cents per diluted share, in the third quarter of fiscal 2014.  Net income in the third quarter of fiscal 2014 includes approximately $3.4 million, or a $.05 per diluted share benefit, from a reduction in accrued contingent consideration related to a prior year acquisition.

In the first nine months of fiscal 2015, net income increased 7% to a record $95.1... More