B/E Aerospace Receives Antitrust Clearances for HCS Acquisition; Comments on Record 2008 Second Quarter Financial Results; Schedules Earnings Conferen
B/E Aerospace, Inc. (Nasdaq: BEAV), the world\'s leading manufacturer of aircraft cabin interior products and the leading aftermarket distributor of aerospace fasteners, today announced that it has received regulatory approval for its acquisition of Honeywell’s Consumables Solutions distribution business (HCS) and that it expects to close the transaction before the end of the third quarter.
The company expects to report record second quarter earnings per diluted share in excess of consensus estimates. In addition, the company announced that it expects to report record quarterly bookings, backlog, revenues, operating earnings and net income.
The company will release its financial results for the quarter ended June 30, 2008 prior to the opening of the NASDAQ Stock Market on Tuesday, July 29, 2008, and will hold a conference call to discuss the results at 9:00 a.m.
- Published: 16 July 2008
- Written by Editor