Heico Corp. (HEI) Tops Q3 EPS by 4c

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

August 27, 2018 4:15 PM EDT

3rd Quarter of Fiscal 2018 Net Income up 47% on Operating Income Increase of 33% and Net Sales Increase of 19%

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 47% to a record $67.1 million, or 49cents per diluted share, in the third quarter of fiscal 2018, up from $45.7 million, or 34cents per diluted share, in the third quarter of fiscal 2017. In the first nine months of fiscal 2018, net income increased 45% to a record $191.9 million, or $1.40 per diluted share, up from $132.3... More