BE Aerospace Inc. Reveals 7% Advance In Q2 Earnings

(RTTNews) - BE Aerospace Inc. (BEAV) revealed a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $84.8 million, or $0.84 per share. This was higher than $78.9 million, or $0.75 per share, in last year's second quarter.

Analysts had expected the company to earn $0.82 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.5% to $753.1 million. This was up from $700.6 million last year.

BE Aerospace Inc. earnings at a glance:

-Earnings (Q2): $84.8 Mln. vs. $78.9 Mln. last year. -Earnings Growth (Y-o-Y): 7.5% -EPS (Q2): $0.84 vs. $0.75 last year. -EPS Growth (Y-o-Y): 12.0% -Analysts Estimate: $0.82 -Revenue (Q2): $753.1 Mln vs. $700.6 Mln last year. -Revenue Change (Y-o-Y): 7.5%

-Guidance: Full year EPS guidance: $3.25