Heico Corp. (HEI) Tops Q4 EPS by 5c
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HEICO CORPORATION Reports Record Net Income, Operating Income and Net Sales for the Fourth Quarter and Full Year of Fiscal 2019; Increases Its Cash Dividend, and Expects Continued Growth in Fiscal 202
December 16, 2019 4:15 PM ESTFourth Quarter and Fiscal Year 2019 Net Income up 27% and 26% on Operating Income Increases of 16% and 21% and Net Sales Increases of 14% and 16%
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 27% to a record $85.7 million, or 62 cents per diluted share, in the fourth quarter of fiscal 2019, up from $67.4 million, or 49 cents per diluted share, in the fourth quarter of fiscal 2018. In the fiscal year ended October 31, 2019, net income increased 26% to a record $327.9 million, or $2.39... More
