Heico Corp. (HEI) Tops Q2 EPS by 2c

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Go back to Heico Corp. (HEI) Tops Q2 EPS by 2c

HEICO Corporation Reports Record Net Sales and Operating Income for the Second Quarter of Fiscal 2018; Full Fiscal Year 2018 Net Income Growth Estimates Raised

May 29, 2018 4:15 PM EDT

2nd Quarter of Fiscal 2018 Net Income up 30% on Operating Income Increase of 20% and Net Sales Increase of 17%

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 30% to $59.6 million, or 55 cents per diluted share, in the second quarter of fiscal 2018, up from $45.7 million, or 42 cents per diluted share, in the second quarter of fiscal 2017. In the first six months of fiscal 2018, net income increased 44% to a record $124.8 million, or $1.14 per diluted share,... More