Heico reported Q2 EPS $1.12, consensus $1.03 on Tuesday

Heico (HEI), on Tuesday, reported Q2 revenue $1.1B, consensus $1.06B. Laurans A. Mendelson, HEICO’s Executive Chairman, along with Co-CEOs Eric A. Mendelson and Victor H. Mendelson, commented on the company’s second quarter results stating, “We are very pleased to report record quarterly operating income and net sales, driven primarily by double-digit consolidated organic net sales growth. This performance mainly reflects strong organic net sales growth across all product lines of the Flight Support Group and double-digit organic net sales growth for the Electronic Technologies Group’s space and aerospace products.”