Heico Corp. (HEI) Tops Q4 EPS by 1c

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HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Fourth Quarter and Full Year of Fiscal 2018; Targets Continued Growth in Fiscal 2019

December 17, 2018 4:15 PM EST

Fourth Quarter and Fiscal Year 2018 Net Income up 26% and 39% on Operating Income Increases of 16% and 23% and Net Sales Increases of 13% and 17%

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income attributable to HEICO increased 26% to a record $67.4 million, or 49cents per diluted share, in the fourth quarter of fiscal 2018, up from $53.7 million, or 39cents per diluted share, in the fourth quarter of fiscal 2017. In the fiscal year ended October 31, 2018, net income attributable to HEICO increased 39% to a record... More