BE Aerospace, Inc. (BEAV) Reports In-Line Q4 EPS; Guides FY12 Ahead of Views; Acquires UFC Aerospace
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BE Aerospace, Inc. (NASDAQ: BEAV) reported Q4 EPS of $0.56, in-line with the analyst estimate of $0.56. Revenue for the quarter came in at $654.7 million versus the consensus estimate of $655.56 million.
BE Aerospace, Inc. sees FY2012 EPS of $2.75, versus the consensus of $2.74. BE Aerospace, Inc. sees FY2012 revenue of $2.95 billion, versus the consensus of $2.86 billion.
On January 30, 2012, the Company acquired UFC Aerospace Corp. (UFC), an innovative provider of complex supply chain management and inventory logistics solutions. The acquisition of UFC substantially expands the Company’s capability to offer creative and differentiated supply chain solutions, value-added inventory logistics services such as 3PL and 4PL programs, and customized kitting solutions, as well as further expanding its broad consumables product offering. This acquisition supports the Company’s commitment to provide the best and broadest portfolio of aerospace consumables products and services to its customers. In addition, during the fourth quarter of 2011, the Company completed two small bolt-on acquisitions to bolster key technological resources for an aggregate purchase price of approximately $39 million.
For earnings history and earnings-related data on BE Aerospace, Inc. (BEAV) click here.
BE Aerospace, Inc. sees FY2012 EPS of $2.75, versus the consensus of $2.74. BE Aerospace, Inc. sees FY2012 revenue of $2.95 billion, versus the consensus of $2.86 billion.
On January 30, 2012, the Company acquired UFC Aerospace Corp. (UFC), an innovative provider of complex supply chain management and inventory logistics solutions. The acquisition of UFC substantially expands the Company’s capability to offer creative and differentiated supply chain solutions, value-added inventory logistics services such as 3PL and 4PL programs, and customized kitting solutions, as well as further expanding its broad consumables product offering. This acquisition supports the Company’s commitment to provide the best and broadest portfolio of aerospace consumables products and services to its customers. In addition, during the fourth quarter of 2011, the Company completed two small bolt-on acquisitions to bolster key technological resources for an aggregate purchase price of approximately $39 million.
For earnings history and earnings-related data on BE Aerospace, Inc. (BEAV) click here.
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