HEICO's Q3 Earnings Surpass Estimates, Sales Increase Y/Y

HEICO Corporation's (HEI) third-quarter fiscal 2024 earnings per share (EPS) of 97 cents beat the Zacks Consensus Estimate of 91 cents by 6.6%. The bottom line also improved 31.1% from the prior-year quarter's 74 cents. HEI's Total Sales The company's net sales increased 37.3% year over year to $992.2 million in the reported quarter. The figure also beat the Zacks Consensus Estimate of $987 million by 0.6%. The year-over-year upside was driven by record operating results from the Flight Support Group segmen ...