HEICO

HEICO Corp. engages in the manufacturing of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. It operates through the Flight Support Group and Electronic Technologies Group segments. The Flight Support Group segment designs, manufactures, repairs, overhauls, and distributes jet engine and aircraft component replacement parts. The Electronic Technologies Group segment designs and manufactures electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers, electrical power supplies, back-up power supplies, power conversion products, underwater locator beacons, emergency locator transmission beacons, flight deck annunciators, panels and indicators, electromagnetic and radio frequency interference shielding and filters, high power capacitor charging power supplies, amplifiers, traveling wave tube amplifiers, photo detectors, amplifier modules, microwave power modules, flash lamp drivers, laser diode drivers, arc lamp power supplies, custom power supply designs, cable assemblies, high voltage power supplies, high voltage interconnection devices and wire, high voltage energy generators, high frequency power delivery systems, and memory products. The company was founded in 1957 and is headquartered in Hollywood, FL.

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HEICO achieves record-breaking Q1 results amidst supply chain challenges

HEICO delivered exceptional Q1 2023 results, driven by strong performance in the Flight Support Group and the acquisition of Exxelia International.
While facing challenges from inflation and supply chain disruptions, the company remains well-positioned for growth in both its segments.
Opportunities for M&A and increasing demand for HEICO products offer avenues for further expansion and revenue growth.
Overall, HEICO's strategic focus on key strengths and opportunities positions it for continued success and market leadership.

HEICO achieves record Q2 results, eyes growth through strategic acquisitions

HEICO's Q2 fiscal '23 performance was exceptional, with record-breaking results and strategic acquisitions driving growth.
While facing short-term challenges like increased debt and margin pressures, the company's prudent financial management and market position are strengths.
Opportunities for growth lie in continued net sales expansion, synergies from acquisitions, and market share gains in specialty products.

HEICO reports record Q3 earnings, eyes growth post Wencor acquisition

HEICO's Q3 fiscal '23 performance showcased robust revenue growth, driven by aerospace demand and strategic acquisitions. The company's focus on new product development and margin stability position it well for future growth.
While facing challenges such as inflationary pressures and potential market slowdowns, HEICO remains optimistic about continued net sales growth and synergies from the Wencor acquisition. Managing debt levels while pursuing strategic acquisitions is crucial for long-term success.
Overall, HEICO's strong financial performance, focus on innovation, and strategic acquisitions present opportunities for growth. Navigating challenges such as inflation and market uncertainties will be key to sustaining momentum and capitalizing on future opportunities.

HEICO achieves record-breaking Q4 results, eyes growth in '24

HEICO's Q4 fiscal '23 performance was robust, with record-breaking results and a positive outlook for fiscal '24. The company's focus on quality control, customer satisfaction, and strategic growth initiatives positions it well for future success despite potential challenges.

HEICO reports stellar Q1 results, eyes growth amidst challenges

HEICO's Q1 fiscal '24 performance showcased remarkable growth in operating income, net sales, and cash flow, underpinned by strategic acquisitions and strong market demand.
While challenges like labor market issues and parts availability persist, the company's focus on debt management and growth opportunities positions it for continued success.
Opportunities in R&D, acquisitions, and market share gains present avenues for further expansion and margin improvement, supporting HEICO's growth targets and financial stability.
Overall, HEICO's robust financial performance, coupled with prudent decision-making and market positioning, sets a positive tone for its fiscal '24 outlook and growth prospects.

HEICO reports record Q2 results, eyes growth amid market challenges

HEICO's Q2 fiscal '24 performance reflects robust financial results and operational achievements across its business segments.
While facing challenges in certain markets and supply chain dynamics, the company's strengths in financial management, product focus, and strategic vision position it well for future growth.
With opportunities in expanding markets, R&D innovation, and international travel demand, HEICO remains poised for continued success and market leadership.

HEICO reports record Q3 earnings, eyes growth through strategic acquisitions

HEICO delivered outstanding financial performance in Q3 fiscal '24, with robust operating income, net sales, and EBITDA growth. Despite some challenges in specific business segments, the company remains optimistic about future growth opportunities through strategic acquisitions and sustained product demand.

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HEICO Corp. engages in the manufacturing of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. It operates through the Flight Support Group and Electronic Technologies Group segments. The Flight Support Group segment designs, manufactures, repairs, overhauls, and distributes jet engine and aircraft component replacement parts. The Electronic Technologies Group segment focuses on designing and manufacturing electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers, electrical power supplies, back-up power supplies, power conversion products, underwater locator beacons, emergency locator transmission beacons, flight deck annunciators, panels and indicators, electromagnetic and radio frequency interference shielding and filters, high power capacitor charging power supplies, amplifiers, traveling wave tube amplifiers, photo detectors, amplifier modules, microwave power modules, flash lamp drivers, laser diode drivers, arc lamp power supplies, custom power supply designs, cable assemblies, high voltage power supplies, high voltage interconnection devices and wire, high voltage energy generators, high frequency power delivery systems, and memory products. The company was founded in 1957 and is headquartered in Hollywood, FL.

Heico Corporation (HEI) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.67 per share a year ago.

Heico Corporation (HEI) Tops Q1 Earnings and Revenue Estimates

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 26, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 23% to $114.7 million, or $.82 per diluted share, in the first quarter of fiscal 2024, up from $93.0 million, or $.67 per diluted share, in the first quarter of fiscal 2023. Net sales increased 44% to $896.4 million in the first quarter of fiscal 2024, up from $620.9 million in the first quarter of fiscal 2023.

HEICO Corporation Reports Strong Growth of 44% in Net Sales, 39% in Operating Income and 23% in Net Income for the First Quarter of Fiscal 2024

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5 Stocks to Buy That Are Poised to Beat on Earnings This Week

Evaluate the expected performance of Heico Corporation (HEI) for the quarter ended January 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Gear Up for Heico Corporation (HEI) Q1 Earnings: Wall Street Estimates for Key Metrics

Heico Corporation (HEI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Heico Corporation (HEI) Earnings Expected to Grow: Should You Buy?

BLACKSBURG, Va. , Feb. 14, 2024 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE:HEI), announces the addition of the VSC100-2800S to the award-winning VSC Series of space COTS DC-DC converters.

VPT Introduces VSC100-2800S Space COTS DC-DC Converters

Heico Corporation (HEI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Heico Corporation (HEI) Beat Estimates Again in Its Next Earnings Report?

MIAMI, FL / ACCESSWIRE / January 22, 2024 / HEICO Corporation (NYSE: HEI.A)(NYSE:HEI) today reported that Laurans A. Mendelson, the Company's Chairman & Chief Executive Officer, received the Kenn Ricci Lifetime Aviation Entrepreneur Award from the Living Legends of Aviation on January 19, 2024.

HEICO Corporation CEO Laurans A. Mendelson Receives Living Legends of Aviation Award

MIRAMAR, FL and HOLLYWOOD, FL / ACCESSWIRE / January 16, 2024 / HEICO Corporation (NYSE:HEI.A) and (NYSE:HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license and acquired key assets from Honeywell International ("Honeywell") that will provide the capability to support the Boeing 737NG/777 Cockpit Displays and Legacy Displays product lines. The transaction was structured as an exclusive perpetual license and asset purchase.

HEICO Subsidiary Acquires Exclusive License and Key Related Assets for Select Honeywell Display Product Lines

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Deere has vastly outperformed the market over the long term while navigating the cyclical nature of its business. Providing critical parts to commercial airlines, NASA, and various other customers makes Heico a viable way to gain aerospace and defense exposure.

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HEICO's (HEI) fiscal Q4 earnings and sales beat estimates. The company benefits from acquisitions and organic growth.

HEICO (HEI) Q4 Earnings Surpass Estimates, Sales Rise Y/Y

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Aerospace stocks are rallying with the iShares U.S. Aerospace & Defense ETF (BATS: ITA ) up over 15% in the fourth quarter. Is this momentum likely to continue in 2024?

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Analysts note that HEICO Corporation NYSE: HEI benefits from cyclical strength in the commercial aerospace market. This low-yield, high-growth company is growing via demand for "the majority of our commercial aerospace products" and acquisitions, which have boosted the business into a hyper-growth phase.

It's high time to take a look at HEICO Corporation

HEICO Corporation (HEI) Q4 2023 Earnings Call Transcript

Heico Corporation (HEI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, HEI's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

Should You Buy Heico Corporation (HEI) After Golden Cross?

Heico Corp after Monday's close announced that its fourth quarter 2023 revenue rose 54% year over year to a record $936.4 million, surpassing the $898.25 million analyst consensus forecast.   The airplane-part and electronics supplier's earnings for the period, meanwhile, increased 6% to $0.74 per share, better than Wall Street expectations of $0.69.

Heico 4Q financial results top estimates on aerospace products demand

Heico stock surged above a buy point after the defense components provider topped Q4 estimates, posted record net sales.

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Although the revenue and EPS for Heico Corporation (HEI) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Heico Corporation (HEI) Reports Q4 Earnings: What Key Metrics Have to Say

Heico Corporation (HEI) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.70 per share a year ago.

Heico Corporation (HEI) Q4 Earnings and Revenues Top Estimates

4th Quarter of Fiscal 2023 Operating Income Increased 29% on a Net Sales Increase of 54%; Full Fiscal Year 2023 Net Income, Operating Income and Net Sales Set All-Time Records HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 18, 2023 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net sales increased 54% to a record $936.4 million in the fourth quarter of fiscal 2023, up from $609.6 million in the fourth quarter of fiscal 2022. Operating income increased 29% to a record $189.4 million in the fourth quarter of fiscal 2023, up from $146.5 million in the fourth quarter of fiscal 2022.

HEICO Corporation Reports Record Operating Income and Net Sales for the Fourth Quarter and Full Fiscal Year

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Investors with an interest in Aerospace - Defense Equipment stocks have likely encountered both Leonardo DRS, Inc. (DRS) and Heico Corporation (HEI). But which of these two companies is the best option for those looking for undervalued stocks?

DRS or HEI: Which Is the Better Value Stock Right Now?

$.10 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / December 18, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock. The dividend is HEICO's 91st consecutive semi-annual cash dividend since 1979.

HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Heico Corporation (HEI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2023.

News for HEICO Stock (HEI)