Heico Corp. (HEI) Tops Q4 EPS by 4c

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Go back to Heico Corp. (HEI) Tops Q4 EPS by 4c

HEICO Corporation Reports Strong Net Income and Cash Flows for the Full Year of Fiscal 2020

December 21, 2020 4:15 PM EST

Fourth Quarter of Fiscal 2020 Operating Income, Net Income and Net Sales Improved 30%, 15% and 10%, Respectively, as Compared to the Third Quarter of Fiscal 2020

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net income of $314.0 million, or $2.29 per diluted share, in the fiscal year ended October 31, 2020, as compared to $327.9 million, or $2.39 per diluted share, in the fiscal year ended October 31, 2019. In the fourth quarter of fiscal 2020, net income was $62.3 million, or 45 cents per diluted share, as compared to $85.7... More