BE Aerospace Beats Analyst Estimates on EPS
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BE Aerospace reported earnings today. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), BE Aerospace met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly, and GAAP earnings per share expanded significantly.
Gross margins improved, operating margins dropped, net margins improved.
Revenue details
BE Aerospace booked revenue of $654.7 million. The 18 analysts polled by S&P Capital IQ expected revenue of $656.0 million. Sales were 21% higher than the prior-year quarter's $541.8.....