Heico Corp. (HEI) Tops Q4 EPS by 5c

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HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Fourth Quarter and Full Year of Fiscal 2017; Targets Continued Growth in Fiscal 2018

December 18, 2017 4:17 PM EST

Fourth Quarter and Full Year of Fiscal 2017 Net Income up 21% and 19% on Net Sales Increases of 16% and 11% and Operating Income Increases of 18% and 16%

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 21% to a record $53.7 million, or 62 cents per diluted share, in the fourth quarter of fiscal 2017, up from $44.3 million, or 52 cents per diluted share, in the fourth quarter of fiscal 2016. In the fiscal year ended October 31, 2017, net income increased 19% to a record $186.0 million, or... More