Compared to Estimates, Heico (HEI) Q1 Earnings: A Look at Key Metrics

Core Insights - Heico Corporation reported revenue of $1.03 billion for the quarter ended January 2025, marking a year-over-year increase of 14.9$1.20, a significant increase from $0.82 a year ago, resulting in an EPS surprise of 29.03$0.93 [1] Financial Performance - Net Sales for the Electronic Technologies Group (ETG) reached $330.32 million, surpassing the average estimate of$290.78 million, with a year-over-year change of +15.5% [4] - Net Sales for the Flight Support Group (FSG) were $713.17 million, exceeding the average estimate of$684.77 million, reflecting a year-over-year change of +15.3% [4] - The Corporate & Intersegment segment reported net sales of -$13.27 million, slightly below the average estimate of -$13.01 million, but showing a year-over-year change of +59.9% [4] Operating Income - Operating income for the Flight Support Group was $166.12 million, above the average estimate of$150.17 million [4] - Operating income for the Electronic Technologies Group was $76.46 million, exceeding the average estimate of$68.65 million [4] - The Other segment, primarily corporate, reported an operating income of -$15.77 million, which was worse than the average estimate of -$13.27 million [4] Stock Performance - Heico's shares have returned -3.1% over the past month, compared to a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]