Heico Corp. (HEI) Tops Q4 EPS by 5c

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Go back to Heico Corp. (HEI) Tops Q4 EPS by 5c

HEICO CORPORATION Reports Record Net Income, Operating Income and Net Sales for the Fourth Quarter and Full Year of Fiscal 2019; Increases Its Cash Dividend, and Expects Continued Growth in Fiscal 202

December 16, 2019 4:15 PM EST

Fourth Quarter and Fiscal Year 2019 Net Income up 27% and 26% on Operating Income Increases of 16% and 21% and Net Sales Increases of 14% and 16%

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 27% to a record $85.7 million, or 62 cents per diluted share, in the fourth quarter of fiscal 2019, up from $67.4 million, or 49 cents per diluted share, in the fourth quarter of fiscal 2018. In the fiscal year ended October 31, 2019, net income increased 26% to a record $327.9 million, or $2.39... More