HEICO (HEI) Q2 Earnings Surpass Estimates, Sales Rise Y/Y
HEICO (HEI) zacks.com·2024-05-30 02:31
HEICO Corporation’s (HEI) second-quarter fiscal 2024 earnings per share (EPS) of 88 cents beat the Zacks Consensus Estimate of 80 cents by 10%. The bottom line also improved 15.8% from the prior-year quarter’s 76 cents.Total SalesThe company’s net sales increased 38.9% year over year to $955.4 million in the reported quarter. The figure also beat the Zacks Consensus Estimate of $944 million by 1.3%.The year-over-year upside was driven by increased sales volume from both the Flight Support Group and Electric ...