Heico Corporation (HEI) Beats Q2 Earnings and Revenue Estimates

Company Performance - Heico Corporation (HEI) reported quarterly earnings of $1.12 per share, exceeding the Zacks Consensus Estimate of $1.02 per share, and up from $0.88 per share a year ago, representing an earnings surprise of 9.80% [1] - The company posted revenues of $1.1 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 3.72%, compared to revenues of $955.4 million in the same quarter last year [2] - Over the last four quarters, Heico has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Heico shares have increased approximately 12.8% since the beginning of the year, while the S&P 500 has declined by 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is $1.08 on revenues of $1.09 billion, and for the current fiscal year, it is $4.43 on revenues of $4.3 billion [7] Industry Outlook - The Aerospace - Defense Equipment industry, to which Heico belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact stock performance [5][8]