Cowen Upgrades BE Aerospace (BEAV) to Outperform
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BE Aerospace, Inc. (BEAV) Tops Q2 EPS by 4c; Bumps Outlook
July 23, 2013 6:46 AM EDTBE Aerospace, Inc. (NASDAQ: BEAV) reported Q2 EPS of $0.89, $0.04 better than the analyst estimate of $0.85. Revenue for the quarter came in at $850.5 million versus the consensus estimate of $842.86 million.
Commenting on the Company's second quarter 2013 performance, Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace said, "Today we reported second quarter 2013 results which included record quarterly revenues, bookings, operating earnings, operating margin, net earnings, and EPS. Our revenue growth continues to be driven primarily by the strong new aircraft delivery cycle. Approximately 60... More
