HEICO (HEI)
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HEICO (HEI) - 2024 Q4 - Annual Report
2024-12-19 21:55
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value per share HEI New York Stock Exchange Class A Common Stock, $.01 par value per share HEI.A New York Stock Exchange For the fiscal year ended October 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXC ...
HEICO (HEI) - 2024 Q4 - Earnings Call Transcript
2024-12-18 19:20
HEICO Corporation (NYSE:HEI) Q4 2024 Earnings Call Transcript December 18, 2024 9:00 AM ET Company Participants Laurans Mendelson - Chairman and CEO Eric Mendelson - Co-President & President of Flight Support Group Victor Mendelson - Co-President & President of Electronic Technologies Group Carlos Macau - EVP and CFO Conference Call Participants Larry Solow - CJS Securities Scott Mikus - Melius Research Ken Herbert - RBC Capital Markets Gautam Khanna - TD Cowen Sheila Kahyaoglu - Jefferies Scott Deuschle - ...
Buffett Favorite Heico Stock Sinks as Electronic Technologies Sales Slip
Investopedia· 2024-12-18 16:01
Key TakeawaysHeico set records for revenue, net income, and operating income in the fourth quarter, but overall sales missed estimates, sending shares lower.The results were hurt by falling sales at the company's Electronic Technologies Group.Warren Buffett's Berkshire Hathaway purchased more than a million shares of Heico in the second quarter. Shares of Heico (HEI) tumbled Wednesday, a day after the aircraft parts and electronic equipment provider backed by billionaire investor Warren Buffett reported wea ...
Heico (HEI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-12-18 00:01
For the quarter ended October 2024, Heico Corporation (HEI) reported revenue of $1.01 billion, up 8.3% over the same period last year. EPS came in at $0.99, compared to $0.84 in the year-ago quarter.The reported revenue represents a surprise of -2.53% over the Zacks Consensus Estimate of $1.04 billion. With the consensus EPS estimate being $0.97, the EPS surprise was +2.06%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...
Heico Corporation (HEI) Q4 Earnings Surpass Estimates
ZACKS· 2024-12-17 23:35
Heico Corporation (HEI) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.06%. A quarter ago, it was expected that this company would post earnings of $0.91 per share when it actually produced earnings of $0.97, delivering a surprise of 6.59%.Over the last four quarters, the company h ...
HEICO (HEI) - 2024 Q4 - Annual Results
2024-12-17 21:58
EXHIBIT 99.1 December 17, 2024 Victor H. Mendelson (305) 374-1745 ext. 7590 Carlos L. Macau, Jr. (954) 987-4000 ext. 7570 HEICO CORPORATION REPORTS RECORD NET INCOME (UP 35%), OPERATING INCOME (UP 15%) AND NET SALES (UP 8%) FOR THE FOURTH QUARTER OF FISCAL 2024 HOLLYWOOD, FL and MIAMI, FL -- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net income increased 35% to a record $139.7 million, or $.99 per diluted share, in the fourth quarter of fiscal 2024, up from $103.4 million, or $.74 per dilute ...
Heico Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-12-16 09:25
HEICO Corporation HEI will release its fourth-quarter financial results, after the closing bell, on Tuesday, Dec. 17.Analysts expect the Hollywood, Florida-based retailer to report quarterly earnings at 98 cents per share, up from 74 cents per share in the year-ago period. Heico projects quarterly revenue of $1.03 billion, compared to $936.45 million a year earlier, according to data from Benzinga Pro.On Aug 26, the company reported upbeat earnings for its third quarter.Heico shares gained 0.6% to close at ...
Stay Ahead of the Game With Heico (HEI) Q4 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-12-12 15:15
In its upcoming report, Heico Corporation (HEI) is predicted by Wall Street analysts to post quarterly earnings of $0.97 per share, reflecting an increase of 15.5% compared to the same period last year. Revenues are forecasted to be $1.04 billion, representing a year-over-year increase of 11.1%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a co ...
Warren Buffett Just Bought More of This Top-Secret Winner That's Up 51% in 2024. Should You Buy Too?
The Motley Fool· 2024-11-23 08:54
It's a sure bet that most investors, even those who regularly devour financial media, were until recently not familiar with Heico (HEI 0.60%). The specialty industrial components maker is a decades-old enterprise that operates an unglamorous business and rarely generates attention-grabbing news.Yet it's been quite the outperformer at times, and if anyone likes a solid yet under-the-radar stock, it's Warren Buffett. Heico's relative obscurity ended forever when the master investors at Berkshire Hathaway firs ...
Warren Buffett Didn't Buy Many Stocks in Q3. Only the Smartest Investors Know This One.
The Motley Fool· 2024-11-19 09:24
This key supplier for various industries has generated over 90,000% returns over its lifetime.Legendary investor and billionaire Warren Buffett runs Berkshire Hathaway (BRK.A) (BRK.B 0.41%), one of the world's largest holding companies. Buffett is famous for his longtime investments in famous consumer-facing companies like Coca-Cola, Apple, and American Express. However, Buffett has made it a point to reduce his broad stock exposure over the past several quarters, raising Berkshire's cash position to a reco ...