Heico Corp (HEI) Releases Quarterly Earnings Results
Heico Corp (NYSE:HEI) issued its quarterly earnings data on Tuesday. The company reported $0.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.44 by $0.05, Stock Ratings Network reports. The company had revenue of $291.00 million for the quarter, compared to the consensus estimate of $296.43 million. During the same quarter last year, the company posted $0.43 earnings per share.
Shares of Heico Corp (NYSE:HEI) traded up 2.53% during mid-day trading on Tuesday, hitting $54.40. 217,937 shares of the company’s stock traded hands. Heico Corp has a one year low of $45.88 and a one year high of $65.04. The stock’s 50-day moving average is $51.1 and its 200-day moving average is $55.03. The company has a market cap of $3.617 billion and a price-to-earnings ratio of 31.05.
HEICO Corporation (NYSE:HEI), through its subsidiaries is the manufacturer of Federal Aviation Administration (FAA)-approved jet engine and aircraft component replacement parts, other than the original equipment manufacturers (OEMs) and their subcontractors.
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