What Does Heico’s Debt Look Like?
Shares of Heico (NYSE:HEI) decreased by 5.69% in the past three months. Before we understand the importance of debt, let us look at how much debt Heico has.
HEICO Corporation to Acquire Two Aerospace & Defense Manufacturers; Terms Not Disclosed
HEICO Corporation (NYSE:HEI) today announced that its Flight Support Group entered into a purchase agreement to acquire 89% of Ridge Engineering, Inc. ("Ridge") and The Bechdon Company, Inc.
Return On Capital Employed Overview: Heico
Looking at Q2, Heico (NYSE:HEI) earned $96.75 million, a 20.51% increase from the preceding quarter. Heico also posted a total of $466.65 million in sales, a 11.67% increase since Q1. Heico earned $80.28 million, and sales totaled $417.90 million in Q1.
Stocks That Hit 52-Week Highs On Friday
Before 10 a.m. ET on Friday, 216 companies hit new 52-week highs.
Recap: Heico Q2 Earnings
Shares of Heico (NYSE:HEI) moved higher in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 7.27% year over year to $0.51, which beat the estimate of $0.48.
Earnings Scheduled For May 25, 2021
Companies Reporting Before The Bell
• Elbit Systems (NASDAQ:ESLT) is likely to report quarterly earnings at $1.40 per share on revenue of $1.10 billion.