October 22, 2014
B/E Aerospace reports third quarter 2014 financial results
B/E Aerospace released its third quarter 2014 financial results, with revenues increased by 24% and adjusted operating earnings increased 26%. Adjusted earnings per diluted share increased 63% (29% using comparable tax rate in both years). The Company currently estimates that it will incur, during the second half of 2014, debt redemption costs of approximately $235m, including the write-off of unamortized debt issue costs, approximately $43m in legal, accounting, and advisory costs, and approximately $67m related to international tax initiatives. The Company also expects to incur business repositioning and separation costs of approximately $94m.