Heico Corp. (HEI) Tops Q1 EPS by 11c
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HEICO Corporation Reports Record Net Income and Increases in Net Sales and Operating Income for the First Quarter of Fiscal 2019; Full Fiscal Year 2019 Net Sales and Net Income Growth Estimates Raised
February 26, 2019 4:15 PM ESTFirst Quarter of Fiscal 2019 Net Income up 22% on Operating Income Increase of 23% and Net Sales Increase of 15%
HOLLYWOOD, FL & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 22% to a record $79.3 million, or 58cents per diluted share, in the first quarter of fiscal 2019, up from $65.2 million, or 48cents per diluted share, in the first quarter of fiscal 2018.
Operating income increased 23% to $97.9 million in the first quarter of fiscal 2019, up from $79.6 million in the first quarter of fiscal 2018. The... More
