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Latest HEI News From Around the Web
Below are the latest news stories about Heico Corp that investors may wish to consider to help them evaluate HEI as an investment opportunity.
Overview You would be hard-pressed to find a better-performing company over the last thirty years than HEICO (Heico) (HEI). The aircraft parts maker has been a true beneficiary of the growth of commercial air travel over this time period. Source: Heico May 2020 Investor Presentation It is a true rarity...
HEICO ([[HEI]] -6.2%) reported FQ3 net sales decline of 27.4% Y/Y to $386.41M; Segment sales: Flight Support $178.16M (-44.3% Y/Y); and Electronic Technologies $210.92M (-2.4% Y/Y).Company’s commercial aerospace businesses were materially impacted in 3Q20 by the significant decline in global commercial air travel that began in March 2020.Q3 Operating margin declined by...
HEICO Corporation (HEI) Q3 2020 Earnings Conference Call August 26, 2020 09:00 AM ET Company Participants Laurans Mendelson - Chairman and Chief Executive Officer Eric Mendelson - Co-President and President of HEICO Flight Support Group Victor Mendelson - Co-President and President of HEICO Electronic Technologies Group Carlos Macau - Executive...
HEICO (NYSE:HEI) is scheduled to announce Q3 earnings results on Tuesday, August 25th, after market close.The consensus EPS Estimate is $0.31 (-47.5% Y/Y) and the consensus Revenue Estimate is $375.36M (-29.5% Y/Y).Profit may tumble on lack of parts demand.Over the last 2 years, HEI has beaten EPS estimates 100% of...
HEICO's (HEI) electronic technologies group acquired 89.99% of Connect Tech for undisclosed terms.Connect Tech designs and manufactures rugged, small-form-factor embedded computing solutions and offers both standard commercial off-the-shelf products as well as custom design services.HEICO expects the acquisition to be accretive to its earnings within the first year following the...
HEICO Corporation Congratulates NASA on Mars 2020/Perseverance Launch on Which 3 HEICO Subsidiaries Supplied Critical Hardware
HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) congratulated NASA and JPL on the successful launch of the Mars 2020/Perseverance mission this morning from Cape Canaveral Air Force Station, Florida aboard a ULA Atlas 541 rocket.
On July 5, 2020, NZS Capital released its Q2 2020 Investor Letter, a copy of which you can download here. The NZS Global Growth strategy returned 39.95% for the second quarter of 2020. Meanwhile, the benchmark Morningstar Global Markets GR index gained 19.79%. You should check out NZS Capital's top 5 stock picks for investors […]
Q2 2020 HEICO Corp Earnings Call
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
Shares of Heico (NYSE: HEI) fell 12.7% in the first half of 2020, according to data provided by S&P Global Market Intelligence, as the aerospace component manufacturer was dragged down by the COVID-19 pandemic and its impact on airlines. It could have been worse: Heico held up relatively well compared to Boeing (NYSE: BA) and even TransDigm Group (NYSE: TDG), which is often cited as Heico's best comparison. Airlines have had a tough time managing through the pandemic, which has caused travel demand to plummet.