HEI News and Press, Heico Corporation From 06/09/23

2023-06-09 10:00:00 ET Summary Parker-Hannifin is a global leader in the Motion & Control industry, with a 16% CAGR over the past decade and aims to increase its market share from 13% to 20%. The company is diversified across various end markets and sees growth opportunities i...

2023-05-27 12:35:08 ET The Industrial Select Sector ( XLI ) was back in the red for the week ending May 26 ( -1.44% ), briefly halting the 3-week slide by gaining in the previous week . Meanwhile, the SPDR S&P 500 Trust ETF ( SPY ) was in the green for the second we...

2023-05-24 17:25:14 ET Summary HEICO Corporation remains one of the great shareholder value-creating stories in the market. The company has recently been a bit more aggressive with M&A, in terms of deal size and leverage. While the long term quality is unparalleled, HEICO ...

2023-05-23 16:55:06 ET HEICO Corporation (HEI) Q2 2023 Earnings Conference Call May 23, 2023, 09:00 ET Company Participants Laurans Mendelson - Chairman & CEO Eric Mendelson - Co-President & Director Victor Mendelson - Co-President & Director Carl...

2023-05-23 16:01:53 ET Heico’s ( NYSE: HEI ) stock on Tuesday fell 7.9%, a day after the maker of aerospace and defense parts reported second-quarter results. The company disclosed higher debt in proportion to its profit since last year. Net debt quadrupled to $625.7 mill...

2023-05-22 16:36:32 ET Heico ( NYSE: HEI ) on Monday reported second-quarter results that beat the average estimate among Wall Street analysts as a recovery in aerospace demand drove sales. The company’s Q2 net income rose 24% to $105.1 million, or $0.76 a share, from $85...

2023-05-22 16:27:53 ET HEICO press release ( NYSE: HEI ): Q2 GAAP EPS of $0.76 beats by $0.03 . Revenue of $687.84M (+27.7% Y/Y) beats by $11.91M . Improvement in the commercial aerospace market has resulted in eleven consecutive quarters of sequential growth i...

2nd Quarter of Fiscal 2023 Net Income up 24% on Record Operating Income, which Increased 28%, and Record Net Sales, which Increased 28% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 22, 2023 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net sales increased 28% to a record $687.8...

2023-05-19 13:30:53 ET Next week will see a number of key earnings reports from the retail, semiconductor and tech sectors. Retailers will take a large chunk of the spotlight, with Lowe’s ( NYSE: LOW ) especially under the microscope after an inauspicious report from Home Dep...

2023-05-15 10:22:27 ET Heico’s ( NYSE: HEI ) stock on Monday surged to an all-time high after saying it had agreed to acquire for $2.05 billion in cash and stock aftermarket defense parts supplier Wencor Group from management and private-equity firm Warburg Pincus. Heico ...