HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Full Year and Fourth Quarter of Fiscal 2016; Targets Continued Growth in Fiscal 2017

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Go back to HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Full Year and Fourth Quarter of Fiscal 2016; Targets Continued Growth in Fiscal 2017

Jefferies Raises Price Target on Heico Corp. (HEI) Following 4Q Report

December 15, 2016 9:56 AM EST

Jefferies reiterated a Hold rating on HEICO (NYSE: HEI), and raised the price target to $84.00 (from $72.00), following the company's 4Q earnings report. EPS of $0.65 came in ahead of consensus of $0.62.

Analyst Sheila Kahyaoglu commented, "Heico delivered FQ4:16 EPS of $0.65 vs. our... More

Heico Corp. (HEI) Tops Q4 EPS by 3c

December 13, 2016 4:21 PM EST

Heico Corp. (NYSE: HEI) reported Q4 EPS of $0.65, $0.03 better than the analyst estimate of $0.62. Revenue for the quarter came in at $363 million versus the consensus estimate of $372.66 million.

"With respect to fiscal 2017, we are estimating mid-single digit growth in the Flight Support... More