Heico Corp. (HEI) Tops Q1 EPS by 12c
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HEICO Corporation Reports Record Net Income and Increases in Net Sales and Operating Income for the First Quarter of Fiscal 2020; Increases Full Year Net Income Growth Estimate
February 25, 2020 4:15 PM ESTFirst Quarter of Fiscal 2020 Net Income up 54% on Operating Income Increase of 13% and Net Sales Increase of 9%
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 54% to a record $121.9 million, or 89 cents per diluted share, in the first quarter of fiscal 2020, up from $79.3 million, or 58 cents per diluted share, in the first quarter of fiscal 2019.
Net income attributable to HEICO in the first quarter of fiscal 2020 and 2019 were both favorably... More
