B/E Aerospace (BEAV) Tops Q1 EPS by 2c; Boosts FY16 EPS Outlook
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B/E Aerospace First Quarter Results Exceed Expectations; Revenues up 4%, Net Earnings up 6%, EPS up 10%; Raises 2016 Financial Guidance
April 26, 2016 2:00 AM EDTWELLINGTON, Fla.--(BUSINESS WIRE)-- B/E Aerospace, Inc. (the Company) (NASDAQ: BEAV), the worlds leading manufacturer of aircraft cabin interior products, today announced its first quarter 2016 financial results and raised its full year guidance.
FIRST QUARTER 2016 HIGHLIGHTS
Revenues of $717 million increased 4 percent as compared with prior year period Operating earnings of $129 million or 18.1 percent of revenues Net earnings of $82.6 million increased 6 percent as compared with the prior year period Net earnings per diluted share of $0.81 increased 10 percent as... More