Stocks in Motion: Thor Industries

Shares of B/E Aerospace(BEAV Quote) were among Nasdaq's losers Monday, falling 8% after the maker of aircraft cabin components issued a financial forecast below analysts' estimates and said it would sell about 13 million shares of stock.

The company expects 2005 earnings, before tax items, of 50 cents a share, with sales in excess of $800 million. Analysts polled by Thomson First Call predict earnings of 53 cents a share on sales of $839 million. Including a deferred tax asset gain, B/E sees 2005 earnings of $1.35 a share. For 2006, the company now expects to earn $1.11 a share, before items, on sales of $1 billion. Previously, the company said that it would earn $1.10 a share. Analysts, meanwhile, had projected 2006 earnings of $1.12 a share on sales of about $1 billion.

B/E plans to use proceeds from its stock sale to redeem $250 million in senior subordinated notes due in 2008. The offering is being done as part of an effective shelf registration. Shares were trading down $1.56 to $16.98. ...