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Update: HEICO Shares Rise After Fiscal Q2 Earnings, Revenue Beat Consensus

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(Updates with recent stock movement in headline and first paragraph.)

HEICO (HEI) shares were up 8.6% in afternoon trading on Thursday after the company posted fiscal Q2 earnings and revenue that surpassed analysts' consensus.

The company reported on Wednesday fiscal Q2 earnings of $1.66 per diluted share, up from $1.12 a year earlier.

Analysts polled by FactSet expected $1.33.

Revenue for the quarter ended April 30 was $1.38 billion, up from $1.10 billion a year ago.

Analysts surveyed by FactSet expected $1.25 billion.

Price: $336.60, Change: $+27.20, Percent Change: +8.79%

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