BE Aerospace Inc. Fourth Quarter Earnings Sneak Peek

The Cheat Sheet

BE Aerospace, Inc. will unveil its latest earnings on Wednesday, February 1, 2012. BE Aerospace is a manufacturer of cabin interior products for commercial aircraft and business jets and a distributor of aerospace fasteners and consumables.

BE Aerospace, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 56 cents per share, a rise of 19.1% 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 57 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 56 cents during the last month. Analysts are projecting profit to rise by 38.5% versus last year to $2.23.

Past Earnings Performance: Last quarter, the company beat estimates by 3 cents, coming in at profit of 58 cents a share versus the estimate of net income of 55 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: On average, analysts predict $655.6 million in revenue this quarter, a rise of 21% from the year ago quarter. Analysts are forecasting total revenue of $2.5 billion for the year, a rise of 26.3% from last year’s revenue of $1.98 billion.

Analyst Ratings: Analysts are bullish on this stock with 13 analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the third quarter, profit rose 59.5% to $65.4 million (64 cents a share) from $41 million (41 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 28.5% to $636 million from $495 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 24.2%, with the biggest boost coming in the first quarter when revenue rose 29.5% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 46.9% in the second quarter and 48.8% in the first quarter.

Competitors to Watch: TransDigm Group Inc. , CPI Aerostructures, Inc. , Astronics Corporation , Ducommun Incorporated , Breeze-Eastern Corporation , Goodrich Corporation , LMI Aerospace, Inc. , and Spirit AeroSystems Hldgs., Inc. .

Stock Price Performance: During November 28, 2011 to January 26, 2012, the stock price had risen $4.33 (11.6%) from $37.31 to $41.64. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 7.5% (+$2.93) over that span. It saw one of its worst periods between July 25, 2011 and August 8, 2011 when shares fell for 11-straight days, falling 30.8% (-$12.97) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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