Oct 24th 2012 - Edison Investment Research today published a report on quickview entitled "B/Eating Expectations". In summary, the report says:
B/E Aerospace’s Q3 results have highlighted the strength of the commercial aerospace market and B/E’s own leading position. The company has raised FY12 guidance to $2.82/share and instigated FY13 guidance for 10% revenue increase to $3.35bn with a 20% uptick in EPS to $3.38, all supported by a $8.25bn order backlog. With the main driver being new build aircraft, the outlook for increasing production rates bodes well for B/E and highlights the inherent growth over the coming years. When combined with a strengthened balance sheet, targeted acquisitions and market share gains, opportunities for further expansion remain.
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