B/E Aerospace (BEAV) Tops Q2 EPS by 2c; Raises Outlook
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B/E Aerospace Reports Second Quarter Results; Revenues up 7%, EPS up 12%; Raises Both 2016 Financial Guidance and 2017 Outlook
July 26, 2016 2:00 AM EDTWELLINGTON, Fla.--(BUSINESS WIRE)-- B/E Aerospace, Inc. (the Company) (NASDAQ: BEAV), the worlds leading manufacturer of aircraft cabin interior products, today announced its second quarter 2016 financial results and raised both its full year guidance for 2016 and its outlook for 2017.
SECOND QUARTER 2016 HIGHLIGHTS
Revenues of $753 million and operating earnings of $137 million each increased 7 percent as compared with prior year period Operating margin was 18.1 percent Net earnings per diluted share of $0.84 increased 12 percent as compared with prior year period... More