B/E Aerospace Raises 2008 Outlook

By Associated Press February 4, 2008 Comments (0)

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B/E Aerospace Inc., which makes aircraft seats and other cabin products, on Monday raised its earnings expectation for the full-year, but the prediction still fell under Wall Street's expectations.

The company now expects to earn $2.29 per share for 2008, compared with a previous expectation of $2.25 per share.

B/E maintained its revenue prediction of $2 billion for the year.

Analysts predict a profit of $2.33 per share on revenue of $2.06 billion.

For the first quarter, the company expects a profit of 48 cents per share to 50 cents per share.

Analysts currently expect the company to earn 52 cents per share for the quarter.

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