Heico Q3 2024 Earnings Report

Heico EPS Results

• Actual EPS: $0.97
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Heico Revenue Results

• Actual Revenue: $992.25 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Heico Announcement Details

• Quarter: Q3 2024
• Date: 8/26/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Heico (NYSE:HEI.A) (NYSE: HEI.A) is a diversified aerospace, defense and electronics company headquartered in Hollywood, Florida. The company operates through two primary business segments: the Flight Support Group, which focuses on manufacturing and distributing replacement parts and providing repair and overhaul services for commercial and military aircraft and engines; and the Electronic Technologies Group, which designs and produces high-reliability electronic components, subsystems and sensors for demanding applications.

Products and services include FAA-approved parts and supplemental type certified (STC) solutions, component repair and overhaul, and a range of specialty electronic components and assemblies used in aerospace, defense, space, medical and industrial markets. Heico supplies parts and services to original equipment manufacturers (OEMs), maintenance, repair and overhaul (MRO) providers, airlines and government customers, and its offerings emphasize engineered, value-added replacements and technically differentiated electronic products engineered for reliability.

The company serves customers globally and has grown through a combination of organic development and targeted acquisitions of niche, high-reliability manufacturers and service providers that complement its businesses. Heico’s leadership team is led by President and Chief Executive Officer Eric A. Mendelsohn, and the company is known for its decentralized operating model that preserves the technical focus of acquired businesses while leveraging shared financial and administrative resources.