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Heico Cp Cl A (HEI.A)
NYSE:HEI.A
Holding HEI.A?
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.94Last Year’s EPS
$0.82Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 17, 2024
|% Change Since: -7.55%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record-breaking results, improved leverage, and successful acquisitions. However, there were challenges in the Electronic Technologies Group sales and inventory destocking. The company maintains a positive outlook for fiscal 2025.Company Guidance
During the HEICO Corporation's Q4 2024 earnings call, significant guidance was provided on various financial metrics, highlighting the company's robust performance and strategic initiatives. The company posted record consolidated net income of $139.7 million, reflecting a 35% increase from the previous year, with earnings per diluted share rising to $0.99. The Flight Support Group achieved a 15% increase in net sales to $691.8 million and a 35% rise in operating income to $154.5 million, driven by strong 12% organic growth and successful integration of recent acquisitions. Consolidated EBITDA grew by 13% to $264 million, while the net debt-to-EBITDA ratio improved to 2.06x from 3.04x year-over-year. The company anticipates continued growth in fiscal 2025, with expectations for net sales growth in both the Flight Support and Electronic Technologies segments, fueled by organic growth and strategic acquisitions. Additionally, HEICO plans to leverage its robust acquisition pipeline to further enhance its cash-generating capabilities.Record-Breaking Fourth Quarter Results
Consolidated operating income and net sales improved by 15% and 8%, respectively, compared to the fourth quarter of fiscal '23. Consolidated net income increased 35% to a record $139.7 million.
Flight Support Group Achievements
Set all-time quarterly net sales and operating income records, with increases of 15% and 35% respectively. Achieved 12% organic growth driven by increased demand and successful acquisitions.
Strong Cash Flow and Improved Leverage
Cash flow from operations increased 39% to $205.6 million. Net debt-to-EBITDA ratio reduced from 3.04x to 2.06x over the year.
Successful Acquisition Strategy
Multiple strategic acquisitions completed, expected to be accretive to earnings. The acquisition of Wencor exceeded expectations.
Positive Outlook for Fiscal 2025
Anticipated net sales growth in both Flight Support and Electronic Technologies, driven by organic growth and recent acquisitions.
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HEI.A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HEI.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 17, 2024 | $202.34 | $184.80 | -8.67% |
| Aug 26, 2024 | $192.19 | $192.81 | +0.32% |
| May 28, 2024 | $170.55 | $171.21 | +0.39% |
| Feb 26, 2024 | $161.27 | $160.40 | -0.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Heico Cp Cl A (HEI.A) report earnings?
Heico Cp Cl A (HEI.A) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Heico Cp Cl A (HEI.A) earnings time?
Heico Cp Cl A (HEI.A) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HEI.A EPS forecast?
HEI.A EPS forecast for the fiscal quarter 2025 (Q1) is $0.94.
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