BE Aerospace, Inc. Second Quarter Earnings Sneak Peek

BE Aerospace, Inc. (NASDAQ:BEAV) will unveil its latest earnings on Monday, July 25, 2011. BE Aerospace is a manufacturer of cabin interior products for commercial aircraft and business jets and a distributor of aerospace fasteners and consumables.

BE Aerospace, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 51 cents per share, a rise of 30.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 49 cents. For the year, analysts are projecting profit of $2.09 per share, a rise of 29.8% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting net income of 49 cents per share against a mean estimate of profit of 46 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $610.7 million in revenue this quarter, a rise of 26.2% from the year ago quarter. Analysts are forecasting total revenue of $2.48 billion for the year, a rise of 25.3% from last year’s revenue of $1.98 billion.

Analyst Ratings: Analysts are bullish on this stock with 10 analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 29.5% to $600.2 million in first quarter. The figure rose 13% in the fourth quarter of the last fiscal year from the year earlier, climbed 7.7% in the third quarter of the last fiscal year from the year-ago quarter and 1.9% in the second quarter of the last fiscal year.

The increase in profit in the first quarter comes after net income fell in the previous quarter. In the first quarter, net income rose 48.8% to $50.3 million. In the fourth quarter of the last fiscal year, net income fell 6.3%.

Competitors to Watch: TransDigm Group Inc. (NYSE:TDG), CPI Aerostructures, Inc. (AMEX:CVU), Astronics Corporation (NASDAQ:ATRO), Ducommun Incorporated (NYSE:DCO), Breeze-Eastern Corporation (AMEX:BZC), Goodrich Corporation (NYSE:GR), LMI Aerospace, Inc. (NASDAQ:LMIA), and Spirit AeroSystems Hldgs., Inc. (NYSE:SPR).

Stock Price Performance: During April 21, 2011 to July 19, 2011, the stock price had risen $3.42 (9.2%) from $37.26 to $40.68. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 7.5% (+$2.93) over that span. It saw one of its worst periods between March 8, 2011 and March 17, 2011 when shares fell for eight-straight days, falling 6% (-$2.10) over that span. Shares are up $3.65 (+9.9%) year to date.

(Source: Xignite Financials)

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