Copreus (Pvt) Ltd, Level 19, East Tower, World Trade Center, Colombo 01, Sri Lanka
+94 117 886 988
info@copreus.com

Aerospace Company HEICO’s stock rose high in the air in May

Invest in Your Future

Aerospace Company HEICO’s stock rose high in the air in May

Aerospace Company Heico - Earnings Report

Founded as Heinicke Instruments in 1957, Later HEICO went public 3 years later – in 1960. Going by the ticker (NYSE: HEI), at the same time, it has been growing in the Aerospace sector quite successfully as a company which produces aircraft components and various types of electronic equipment. HEICO’s investors include Bank of America and SunTrust Bank.

Towards the year 2019, its revenue has been soaring high. According to the latest filings of the Securities and Exchange Commission (SEC), HEICO has an annual revenue of $1.8B.

It is important to note that HEICO’s earnings per share (EPS) is growing. Especially in the last 3 years, the company was able to grow EPS BY 25% per year.

Offices located in different countries, HEICO provides services to major airlines such as Lufthansa, American Airlines, United, Air Canada, and also, British Airways.
(Image source: https://simplywall.st/stocks/us/capital-goods/nyse-  hei/heico/news/does-heico-nysehei-deserve-a-spot-on-your-watchlist/)


For more news –
https://copreus.com/#news