From Financial Modeling Prep: 2024-12-18 09:23:00

Heico (NYSE:HEI) reported mixed Q4 results, with earnings beating expectations at $0.99 per share but revenue falling short at $1.01 billion. Shares dropped over 5% in pre-market trading. Net sales grew 8% to a record $1.01 billion, with Flight Support Group sales up 15% to $691.8 million.

Operating margins improved to 21.6% in the quarter, up from 20.2% last year. Cash flow from operations surged 39% to $205.6 million. For fiscal 2025, Heico projects net sales growth in both segments, driven by strong demand and organic growth, capitalizing on favorable market conditions.



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