UPDATE: B/E Aerospace Posts Upbeat Q2 Profit

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B/E Aerospace (NASDAQ: BEAV) reported a better-than-expected second-quarter profit.B/E Aerospace's quarterly net income rose to $71.2 million, or $0.69 per share, from $54.8 million, or $0.54 per share, in the year-ago period.Its total revenue climbed 26% to $768.1 million. However, analysts were expecting a profit of $0.68 per share on revenue of $750 million.B/E Aerospace projects FY12 earnings of around $2.75 per share on revenue of around $3 billion. However, analysts were projecting earnings of $2.81 per share on revenue of $3.04 billion.B/E Aerospace shares closed at $41.91 yesterday.

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