Heico Corp (NYSE:HEI.A)
$ 186.25 0.45 (0.24%) Market Cap: 28.70 Bil Enterprise Value: 30.78 Bil PE Ratio: 50.89 PB Ratio: 7.11 GF Score: 98/100
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Q3 2019 HEICO Corp Earnings Call Transcript

Aug 28, 2019 / 01:00PM GMT
Release Date Price: $110.6 (+0.78%)
Operator

Good morning. My name is Joelle, and I will be your conference operator today. At this time, I would like to welcome everyone to the HEICO Corporation Third Quarter Fiscal 2019 Earnings Conference Call. (Operator Instructions)

Your host for today's call is Laurans A. Mendelson, Chairman and Chief Executive Officer of HEICO Corporation. Before the conference call begins, I will read the following statement.

Certain statements in this conference call constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO's actual results may differ materially from those expressed and/or implied by those forward-looking statements as a result of factors, including lower demand for commercial air travel or airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase to our costs to complete contracts; governmental and regulatory demands; export policies and restrictions; reductions in defense, space or Homeland Security spending by

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