B/E Aerospace Earnings Rise 16%

B/E Aerospace ( BEAV) said Monday third-quarter earnings rose 16% as sales increased 37% on the acquisition of Honeywell's ( HON) consumables solutions distribution business and solid organic revenue growth in its distribution and business jet segments.

The company, a maker of aircraft cabin interior products, said earnings excluding certain costs were $56.6 million, or 59 cents a share. Analysts surveyed by Thomson Reuters expected B/E to earn 53 cents a share.

Sales in the quarter rose to $588 million from $428 million a year earlier, the company said in a press release Monday.

B/E said it expects 2008 earnings of $2.19 a share excluding certain costs totaling about 9 cents a share. Analysts estimate 2008 earnings of $2.13 a share. The company expects 2009 adjusted earnings of about $2 a share.

More from Stocks

12 Stocks That Make Up the GLUM Index

12 Stocks That Make Up the GLUM Index

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Here's Why Snap Shares Climbed Monday

Here's Why Snap Shares Climbed Monday