HEI.A Earnings Prediction
The chart below shows how HEI.A performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HEI.A sees a +0.00% change in stock price 10 days leading up to the earnings, and a +0.00% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
HEI.A Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.01B
8.25%
2.16%
Gross Margin
41.67%
-0.38%
-1.33%
Operating Margin
21.72%
7.37%
-3.12%
Net Margin
14.89%
22.75%
-0.07%
EPS
0.99
33.78%
2.06%
No Data Available
HEI.A Earnings Analysis
HEICO CORP CL A Corporation (HEI.A.N) Earnings Conference Call
Positive
Record Operating Income Growth: Consolidated operating income and net sales in the fourth quarter of fiscal '24 represent record results for HEICO and improved by 15% and 8%, respectively, as compared to the fourth quarter of fiscal '23.
Net Income Surge: Consolidated net income increased 35% to a record $139.7 million, or $0.99 per diluted share in the fourth quarter of fiscal '24, and that was up from a $103.4 million, or $0.74 per diluted share in the fourth quarter of fiscal '23.
Record Quarterly Sales and Income: The Flight Support Group set all-time quarterly net sales and operating income records in the fourth quarter of fiscal '24, improving 15% and 35%, respectively, over the fourth quarter of fiscal '23.
EBITDA Growth in Q4: Consolidated EBITDA increased 13% to $264 million in the fourth quarter of fiscal '24, and that was up from $234.2 million in the fourth quarter of fiscal '23.
Operating Activities Cash Flow Growth: Cash flow provided by operating activities increased 39% to $205.6 million in the fourth quarter of fiscal '24, and that was up from $148.4 million in the fourth quarter of fiscal '23.
Negative
Sales Decline in Q4: Consolidated net sales decreased by 4% in the fourth quarter of fiscal '24 compared to the fourth quarter of fiscal '23, reflecting lower demand for our goods and services.
Net Sales Decline: The Electronic Technologies Group's net sales were $336.2 million in the fourth quarter of fiscal '24, down from $342.5 million in the fourth quarter of fiscal '23, indicating a decline in performance.
Operating Income Margin Decline: The consolidated operating income margin decreased to 22.3% in the fourth quarter of fiscal '24, down from 25.2% in the fourth quarter of fiscal '23, reflecting increased costs and lower sales.
Debt to EBITDA Ratio: The net debt to EBITDA ratio was 2.06 times as of October 31, '24, down from 3.04 times as of October 31, '23, indicating a deterioration in financial leverage despite improved cash flow.
Operating Income Analysis: The Flight Support Group's operating income decreased to $154.5 million in the fourth quarter of fiscal '24, up from $114.6 million in the fourth quarter of fiscal '23, but the growth was primarily due to acquisitions rather than organic growth.
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HEI.A Earning Call Sentiment
HEICO Corporation (HEI) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
HEI.A.N
0.04%Positive
The earnings call highlights strong financial performance with increased net sales, operating income, and EPS. The company's strategic acquisitions and operational excellence are contributing to growth. Despite some challenges in ETG sales, the overall outlook remains optimistic with expected growth in FSG and specialty products. The dividend declaration and reduced net debt-to-EBITDA ratio further support a positive sentiment. Although there are some concerns regarding regulatory issues and competition, the overall sentiment is positive, predicting a stock price increase of 2% to 8% over the next two weeks.
