BE Aerospace 2Q Earnings Pregame Scorecard
BE Aerospace (NASDAQ:BEAV) has beaten analyst's estimates in each of the last five quarters and will try to do so again on Tuesday, July 24, 2012.
Expectations
Analysts currently expect BE Aerospace to come in with earnings of 68 cents per share on revenues of $749.8 million. Analysts gave estimates ranging from 65 cents per share to 71 cents per share. Over the past three months, the average estimate has moved up from 67 cents.
Stock Movement
The stock fell $3.40 per share between May 14, 2012 and May 18, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $4.01 (-8.7%), from $46.12 to $42.11.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as 13 analysts rate it as a buy and there are no sell ratings. That rating hasn't budged in three months as the average analyst rating of the stock has remained steady.
Last Quarter's Results
In the first quarter, profit rose 36.8% to $68.8 million (67 cents a share) from $50.3 million (49 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 24.5% to $747.3 million from $600.2 million.
Summary
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012 before market open
EPS: 68 cents
Revenue Estimate: $749.8 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)