These 2 Top Aerospace Stocks are Lighting Up Trading Screens Before Earnings

BE Aerospace, Inc. (NASDAQ:BEAV) will unveil its latest earnings on Wednesday, October 26, 2011. The average estimate of analysts is for net income of 55 cents per share, a rise of 34.1% 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 53 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 55 cents during the last month. Analysts are projecting profit to rise by 34.2% versus last year to $2.16.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting profit of 54 cents per share against a mean estimate of net income of 51 cents per share. On average, analysts predict $627.8 million in revenue this quarter, a rise of 26.8% from the year ago quarter. Analysts are forecasting total revenue of $2.49 billion for the year, a rise of 25.8% from last year’s revenue of $1.98 billion.

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).

The Boeing Company (NYSE:BA) will unveil its latest earnings on Wednesday, October 26, 2011. The average estimate of analysts is for profit of $1.10 per share, a decline of 1.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.14. Between one and three months ago, the average estimate moved down. It has risen from $1.07 during the last month. For the year, analysts are projecting net income of $4.26 per share, a rise of 2.4% from last year.

The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 28 cents, reporting profit of $1.25 per share against a mean estimate of net income of 97 cents. In the first quarter, the company exceeded forecasts by 8 cents with profit of 79 cents versus a mean estimate of net income of 71 cents. Analysts are projecting a rise of 5.6% in revenue from the year-earlier quarter to $17.92 billion.

Competitors to Watch: Lockheed Martin Corp. (NYSE:LMT), Embraer SA (NYSE:ERJ), Raytheon Company (NYSE:RTN), Northrop Grumman Corp. (NYSE:NOC), Honeywell Intl. Inc. (NYSE:HON), Spirit AeroSystems Hldgs., Inc. (NYSE:SPR), General Dynamics Corp. (NYSE:GD), Orbital Sciences Corp. (NYSE:ORB), Alliant Techsystems Inc. (NYSE:ATK), and Rockwell Collins, Inc. (NYSE:COL).