Heico Corp. (HEI) Tops Q3 EPS by 8c

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Go back to Heico Corp. (HEI) Tops Q3 EPS by 8c

HEICO Corporation Reports Strong Net Income and Cash Flows in the First Nine Months of Fiscal 2020

August 25, 2020 4:15 PM EDT

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 4% to a record $251.7 million, or $1.83 per diluted share in the nine months of fiscal 2020, up from $242.2 million, or $1.76 per diluted share, in the first nine months of fiscal 2019. In the third quarter of fiscal 2020, net income was $54.3 million, or 40 cents per diluted share, as compared to $81.1 million, or 59 cents per diluted share, in the third quarter of fiscal 2019.

Net income, operating income and net sales for the... More