WASHINGTON (dpa-AFX) - HEICO CORP (HEI-A) released a profit for its fourth quarter that Increased, from last year and beat the Street estimates.
The company's bottom line came in at $188.30 million, or $1.33 per share. This compares with $139.69 million, or $0.99 per share, last year.
Analysts on average had expected the company to earn $1.22 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 19.2% to $1.209 billion from $1.014 billion last year.
HEICO CORP earnings at a glance (GAAP) :
-Earnings: $188.30 Mln. vs. $139.69 Mln. last year. -EPS: $1.33 vs. $0.99 last year. -Revenue: $1.209 Bln vs. $1.014 Bln last year.
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