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HEICO Fiscal Q1 Earnings, Sales Rise -- Shares Up After Hours

MT Newswires Live
02-26

HEICO (HEI) reported fiscal Q1 earnings late Wednesday of $1.20 per diluted share, up from $0.82 a year earlier.

Analysts surveyed by FactSet expected $0.94.

Net sales in the quarter ended Jan. 31 rose to $1.03 billion from $896.4 million a year earlier.

Analysts polled by FactSet expected $979.2 million.

Shares of the company were up 5% in recent after-hours activity.

Price: 238.82, Change: +11.37, Percent Change: +5.00

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