BE Aerospace (BEAV) Breakout Message Board

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Technology Stocks : BE Aerospace (BEAV) Breakout

BEAV 64.47

0.0%

Apr 21 4:00 PM EDT

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From: JakeStraw	7/27/2010 11:56:08 AM
	of 210

B/E Aerospace Second Quarter Results Exceed Expectations 2010 Full Year Guidance Increased finance.yahoo.com Commenting on the company’s outlook, Mr. Khoury stated, “As a result of our better than expected performance during the first half of 2010, improving global air traffic, and improving airline yields, we are raising our 2010 full year earnings per share guidance by $0.05 per diluted share to approximately $1.50 per diluted share (exclusive of non-cash debt prepayment charge). 2010 revenues are now expected to be about equal to 2009 revenues of approximately $1.94 billion. In addition, we expect to generate free cash flow in excess of 100 percent of net earnings for the full year 2010. Importantly, based upon our expectation of a continued expansion in orders and backlog and a continued recovery in our commercial aircraft segment spares and consumables businesses during 2010 as well as higher levels of wide-body aircraft deliveries in 2011, we expect a significant increase in revenues, earnings and cash flows beginning in 2011.”

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