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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Q1 2021 HEICO Corp Earnings Call Transcript

Feb 24, 2021 / 02:00PM GMT
Release Date Price: $120.25 (-2.17%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the HEICO's Fiscal Year 2021 First Quarter Earnings Results Call.

Certain statements in today's call will constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO's actual results may differ materially from those expressed in or implied by those forward-looking statements as a result of factors, including: the severity, magnitude and duration of the COVID-19 pandemic; HEICO's liquidity and timing of cash generation; lower commercial air travel caused by COVID-19 pandemic and its aftermath; 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 U.S. and/or foreign customers; or competition from existing and new competitors, which could reduce our sales; our ability to introduce new

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