HEICO (HEI) Q1 Earnings Surpass Estimates, Sales Rise Y/Y
HEIHEICO (HEI) Zacks Investment Research·2024-02-29 22:01

HEICO Corporation’s (HEI) first-quarter fiscal 2024 earnings per share (EPS) of 82 cents beat the Zacks Consensus Estimate of 73 cents by 12.3%. The bottom line also improved 22.4% from the prior-year quarter’s 67 cents. Total Sales The company’s net sales increased 44.4% year over year to 896.4millioninthereportedquarter.TotalsalesalsobeattheZacksConsensusEstimateof896.4 million in the reported quarter. Total sales also beat the Zacks Consensus Estimate of 875 million by 2.4%. The year-over-year upside was driven by increased sales volume from both the Flight Support Group and Ele ...