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HEICO Corp (HEIa.N)

HEIa.N on New York Stock Exchange

64.57USD
18 Jan 2019
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Latest Key Developments (Source: Significant Developments)

HEICO Corp Reports Q4 Earnings Per Share $0.49
Monday, 17 Dec 2018 

Dec 17 (Reuters) - HEICO Corp ::ORATION REPORTS RECORD NET SALES, OPERATING INCOME AND NET INCOME FOR THE FOURTH QUARTER AND FULL YEAR OF FISCAL 2018; TARGETS CONTINUED GROWTH IN FISCAL 2019.Q4 SALES $476.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $463 MILLION.Q4 EARNINGS PER SHARE $0.49.Q4 EARNINGS PER SHARE ESTIMATE $0.48 -- REFINITIV IBES DATA.ESTIMATING 8% - 10% GROWTH IN FULL YEAR 2019 NET SALES AND APPROXIMATELY 10% GROWTH IN FULL YEAR 2019 NET INCOME OVER FISCAL 2018 LEVELS.ANTICIPATE FISCAL YEAR 2019 CONSOLIDATED OPERATING MARGIN TO APPROXIMATE 21.0% TO 21.5%.ANTICIPATE FISCAL YEAR 2019 CAPITAL EXPENDITURES TO APPROXIMATE $48 MILLION.ANTICIPATE FISCAL YEAR 2019 CASH FLOW FROM OPERATIONS TO APPROXIMATE $360 MILLION.FY2019 EARNINGS PER SHARE VIEW $2.08, REVENUE VIEW $1.91 BILLION -- REFINITIV IBES DATA.  Full Article

Heico Corporation Increases The Semi-Annual Cash Dividend By 17% And Sets The Annual Meeting And Record Date
Monday, 17 Dec 2018 

Dec 17 (Reuters) - HEICO Corp ::HEICO CORPORATION INCREASES THE SEMI-ANNUAL CASH DIVIDEND BY 17% AND SETS THE ANNUAL MEETING AND RECORD DATE.HEICO CORP - APPROVED A 17% INCREASE IN SEMI-ANNUAL CASH DIVIDEND TO $0.07 PER SHARE FROM $0.06 PER SHARE.  Full Article

Heico Corp Acquires Leading Niche Power Amplifier Maker Apex Microtechnology Inc
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - HEICO Corp ::HEICO CORPORATION ACQUIRES LEADING NICHE POWER AMPLIFIER MAKER.HEICO CORP - FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED..HEICO CORP - EXPECTS ACQUISITION TO BE ACCRETIVE TO ITS EARNINGS IN YEAR FOLLOWING PURCHASE.HEICO CORP - ALL CASH TRANSACTION.HEICO CORP - ITS ELECTRONIC TECHNOLOGIES GROUP ACQUIRED APPROXIMATELY 93% OF STOCK OF APEX MICROTECHNOLOGY, INC..HEICO CORP - MEMBERS OF APEX'S MANAGEMENT OWN BALANCE OF FIRM.HEICO CORP - APEX'S ENTIRE MANAGEMENT TEAM WILL REMAIN WITH COMPANY IN THEIR PRE-ACQUISITION POSITIONS.HEICO CORP - NO MATERIAL STAFF TURNOVER IS EXPECTED DUE TO DEAL.HEICO CORP - APEX WILL CONTINUE TO OPERATE IN ITS CURRENT LOCATIONS AND WILL BE LED BY ITS LONG-TIME CEO AND SHAREHOLDER, GREG BRENNAN.  Full Article

HEICO's Electronic Technologies Group Acquires Specialty Silicone Products
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - HEICO Corp ::HEICO CORPORATION ANNOUNCES IMPORTANT ACQUISITION.HEICO CORP - FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED..HEICO CORP - EXPECTS ACQUISITION TO BE ACCRETIVE TO ITS EARNINGS IN YEAR FOLLOWING PURCHASE.HEICO CORP SAYS ITS ELECTRONIC TECHNOLOGIES GROUP ACQUIRED SPECIALTY SILICONE PRODUCTS IN AN ALL CASH TRANSACTION.HEICO CORP - ACQUIRED SPECIALTY SILICONE PRODUCTS IN AN ALL CASH TRANSACTION..HEICO CORP - NO MATERIAL STAFF TURNOVER IS EXPECTED POST-ACQUISITION.HEICO CORP - SSP'S ENTIRE MANAGEMENT TEAM WILL REMAIN WITH COMPANY IN THEIR PRE-EXISTING POSITIONS.  Full Article

Heico Corp Subsidiary Acquires Aftermarket Avionics Display Specialist
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - HEICO Corp ::HEICO CORPORATION SUBSIDIARY ACQUIRES AFTERMARKET AVIONICS DISPLAY SPECIALIST.HEICO CORP - FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED..HEICO CORP - FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED..HEICO CORP - EXPECTS ACQUISITION TO BE ACCRETIVE TO ITS EARNINGS IN YEAR FOLLOWING PURCHASE.  Full Article

Heico Corporation Reports Q3 Earnings Per Share $0.49
Monday, 27 Aug 2018 

Aug 27 (Reuters) - HEICO Corp ::ORATION REPORTS RECORD NET SALES, OPERATING INCOME AND NET INCOME FOR THE THIRD QUARTER OF FISCAL 2018; FULL FISCAL YEAR 2018 NET SALES AND NET INCOME GROWTH ESTIMATES RAISED.Q3 EARNINGS PER SHARE $0.49.Q3 SALES $465.8 MILLION VERSUS I/B/E/S VIEW $439.9 MILLION.Q3 EARNINGS PER SHARE VIEW $0.45 -- THOMSON REUTERS I/B/E/S.SEES CONSOLIDATED FISCAL 2018 YEAR-OVER-YEAR GROWTH IN NET SALES TO BE 15PCT - 16PCT.SEES CONSOLIDATED FISCAL 2018 YEAR-OVER-YEAR GROWTH IN NET INCOME TO BE 35PCT - 37PCT.SEES FISCAL 2018 CAPITAL EXPENDITURES TO NOW APPROXIMATE $45 MILLION.FY2018 EARNINGS PER SHARE VIEW $1.84, REVENUE VIEW $1.74 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Heico Corp Subsidiary Acquires Flight Critical Aerospace Electronics Product Line
Tuesday, 17 Apr 2018 

April 17 (Reuters) - HEICO Corp ::HEICO CORPORATION SUBSIDIARY ACQUIRES FLIGHT CRITICAL AEROSPACE ELECTRONICS PRODUCT LINE.HEICO CORP - FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED..HEICO CORP - EXPECTS ACQUISITION TO BE ACCRETIVE TO ITS EARNINGS WITHIN A YEAR FOLLOWING PURCHASE.HEICO CORP - UNIT ACQUIRED 100% OF BUSINESS AND ASSETS OF EMERGENCY LOCATOR TRANSMITTER BEACON PRODUCT LINE OF INSTRUMAR LIMITED IN ALL CASH DEAL.HEICO CORP - ELT PRODUCT LINE WILL BE INTEGRATED INTO DUKANE SEACOM'S EXISTING SARASOTA, FL FACILITY WITHIN YEAR FOLLOWING CLOSING.  Full Article

HEICO Corp Qtrly Earnings Per Share $0.62
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Heico Corp ::HEICO CORPORATION REPORTS RECORD NET SALES, OPERATING INCOME AND NET INCOME FOR THE FOURTH QUARTER AND FULL YEAR OF FISCAL 2017; TARGETS CONTINUED GROWTH IN FISCAL 2018.Q4 EARNINGS PER SHARE $0.62.Q4 SALES $421.2 MILLION VERSUS I/B/E/S VIEW $409.5 MILLION.Q4 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.ESTIMATES NET SALES GROWTH OF ABOUT 10-12 PERCENT IN FISCAL 2018 .  Full Article

Heico Corporation Declares A 5-For-4 Stock Split, Increases The Semi-Annual Cash Dividend By 9 Percent
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Heico Corp ::HEICO CORPORATION DECLARES A 5-FOR-4 STOCK SPLIT, INCREASES THE SEMI-ANNUAL CASH DIVIDEND BY 9 PERCENT AND SETS THE ANNUAL MEETING AND RECORD DATE.HEICO CORP- STOCK SPLIT WILL BE EFFECTED IN FORM OF A 25% STOCK DIVIDEND ON EACH CLASS OF CO'S SHARES.  Full Article

Heico Corp announces record $1.3 billion credit facility
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Heico Corp :Heico Corporation announces record $1.3 billion credit facility.Heico - ‍Credit facility may be increased to $1.65 billion under some circumstances & replaces its $1.0 billion revolving credit facility.  Full Article