B/E Aerospace Inc. (BEAV) is set to report earnings for the third-quarter of 2015 before the markets open today. The Street is on average expecting the Wellington, Florida-based company to post $701.7 million in sales during the quarter. This would show a 0.16% increase from the Q215 revenue of $700.6 million, and a decrease of 36.21% from the same period in Q314. EPS in Q315 are expected to come in at $0.75, a decline rate of 35.34% from $1.16 per share a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.77 per share.
As a quick reminder, BEAV reported Q215 EPS of $0.75, 1c lower than the Street’s consensus estimate. Revs declined 35.72% yoy to $700.6 million versus the $704.56 million consensus.
On valuation measures, B/E Aerospace Inc. shares are currently priced at 105.44x this year’s forecasted earnings, which makes them expensive compared to the industry’s 15.36x earnings multiple. Ticker has a forward P/E of 13.41 and t-12 price-to-sales ratio of 1.72. EPS for the same period is $0.41.
Over the past year, shares of the designer of cabin interior products for commercial aircraft and business jets have traded between a low of $42.53 and a high of $64.58. The name is down 17.84% year-over-year and 24.38% year-to-date.
Leave a Reply