HEICO (NYSE:HEI) Full Year 2022 Results
Key Financial Results
- Revenue: US$2.21b (up 18% from FY 2021).
- Net income: US$351.7m (up 16% from FY 2021).
- Profit margin: 16% (in line with FY 2021).
- EPS: US$2.59 (up from US$2.25 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HEICO EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.0%.
Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Aerospace & Defense industry in the US.
Performance of the American Aerospace & Defense industry.
The company's shares are up 1.5% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for HEICO that we have uncovered.
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About NYSE:HEI
HEICO
Through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally.
Acceptable track record with mediocre balance sheet.