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HEICO Corp (HEIa.N)

HEIa.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Heico Corp Subsidiary Acquires Flight Critical Aerospace Electronics Product Line
Tuesday, 17 Apr 2018 

April 17 (Reuters) - HEICO Corp ::HEICO CORPORATION SUBSIDIARY ACQUIRES FLIGHT CRITICAL AEROSPACE ELECTRONICS PRODUCT LINE.HEICO CORP - FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED..HEICO CORP - EXPECTS ACQUISITION TO BE ACCRETIVE TO ITS EARNINGS WITHIN A YEAR FOLLOWING PURCHASE.HEICO CORP - UNIT ACQUIRED 100% OF BUSINESS AND ASSETS OF EMERGENCY LOCATOR TRANSMITTER BEACON PRODUCT LINE OF INSTRUMAR LIMITED IN ALL CASH DEAL.HEICO CORP - ELT PRODUCT LINE WILL BE INTEGRATED INTO DUKANE SEACOM'S EXISTING SARASOTA, FL FACILITY WITHIN YEAR FOLLOWING CLOSING.  Full Article

HEICO Corp Qtrly Earnings Per Share $0.62
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Heico Corp ::HEICO CORPORATION REPORTS RECORD NET SALES, OPERATING INCOME AND NET INCOME FOR THE FOURTH QUARTER AND FULL YEAR OF FISCAL 2017; TARGETS CONTINUED GROWTH IN FISCAL 2018.Q4 EARNINGS PER SHARE $0.62.Q4 SALES $421.2 MILLION VERSUS I/B/E/S VIEW $409.5 MILLION.Q4 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.ESTIMATES NET SALES GROWTH OF ABOUT 10-12 PERCENT IN FISCAL 2018 .  Full Article

Heico Corporation Declares A 5-For-4 Stock Split, Increases The Semi-Annual Cash Dividend By 9 Percent
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Heico Corp ::HEICO CORPORATION DECLARES A 5-FOR-4 STOCK SPLIT, INCREASES THE SEMI-ANNUAL CASH DIVIDEND BY 9 PERCENT AND SETS THE ANNUAL MEETING AND RECORD DATE.HEICO CORP- STOCK SPLIT WILL BE EFFECTED IN FORM OF A 25% STOCK DIVIDEND ON EACH CLASS OF CO'S SHARES.  Full Article

Heico Corp announces record $1.3 billion credit facility
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Heico Corp :Heico Corporation announces record $1.3 billion credit facility.Heico - ‍Credit facility may be increased to $1.65 billion under some circumstances & replaces its $1.0 billion revolving credit facility.  Full Article

Heico corp subsidiary acquires Interface Displays & Controls Inc
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Heico Corp :Heico Corporation subsidiary acquires Interface Displays & Controls, Inc..Heico Corp - ‍expects acquisition to be accretive to its earnings within a year following purchase​.Heico Corp - ‍further financial terms and details were not disclosed​.Heico Corp - ‍its Radiant Power Corp acquired Interface Displays & Controls, Inc in an all cash transaction​.  Full Article

Heico Corp Q2 earnings per share $0.53
Wednesday, 24 May 2017 

May 23 (Reuters) - Heico Corp :Heico corporation reports record net income, operating income and net sales for the second quarter of fiscal 2017; full fiscal year 2017 growth estimates raised in net sales, net income and cash flow.Q2 earnings per share $0.53.Q2 sales $368.7 million versus i/b/e/s view $369.5 million.Q2 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.Heico corp - full fiscal year 2017 growth estimates raised in net sales, net income and cash flow.Heico corp - increasing estimated consolidated fiscal 2017 year-over-year growth in net sales to 8% - 10%.Heico corp - increasing estimated consolidated fiscal 2017 year-over-year growth in net income to 12% - 14%.Fy2017 earnings per share view $2.05, revenue view $1.49 billion -- Thomson Reuters I/B/E/S.Heico corp - increasing estimated consolidated fiscal 2017 capital expenditures to approximate $35 million.Heico corp - anticipate fy 2017 consolidated operating margin to approximate 20%.  Full Article

Heico Corp announces 25 pct increase in credit facility
Monday, 24 Apr 2017 

April 24 (Reuters) - Heico Corp :Heico Corp announces 25 pct increase in credit facility.Increased its revolving credit facility to $1 billion, which is a $200 million, or 25 pct, increase to facility's previous, $800 million limit.Heico Corp says facility's term expires in December 2018.  Full Article

BRIEF-Heico Corp Subsidiary Acquires Flight Critical Aerospace Electronics Product Line

* HEICO CORPORATION SUBSIDIARY ACQUIRES FLIGHT CRITICAL AEROSPACE ELECTRONICS PRODUCT LINE