Heico - Aerospace Supplier Significantly Benefits from Flight and Travel Boom!
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Business Driver: HEICO (HEI) provides certified replacement parts and components for aircraft and engine solutions, and it is also well-established in the maintenance and service sector for aircraft. As a result, HEICO is currently benefiting from the increasing demand for replacement and wear parts, as many passenger planes require more frequent maintenance due to the high volume of flights. On December 18, Heico surprised with a better-than-expected Q4 result. The adjusted earnings per share were $1.33, significantly above the consensus expectations...
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