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B/E Aerospace
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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