Aerospace, Defense Products & Services Industry Announces Earnings Results, and Upcoming Conferences Schedules - Research Reports on Boeing, B/E Aerospace, Hexcel, L-3 and Woodward
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NEW YORK, July 28, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding The Boeing Company (NYSE: BA), B/E Aerospace Inc. (NASDAQ: BEAV), Hexcel Corp. (NYSE: HXL), L-3 Communications Holdings Inc. (NYSE: LLL) and Woodward, Inc. (NASDAQ: WWD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5172-100free.
The Boeing Company Research Reports
On July 23, 2014, The Boeing Company (Boeing) announced that it is providing technical assistance to the investigation of the July 17, 2014 loss of Malaysian Airlines Flight 17 at the request of the US National Transportation Safety Board (NTSB), which is supporting the international team. On the same day, Boeing also reported its financial results for Q2 2014. Revenue increased 1.1% YoY to $22.0 billion. Net earnings also rose to $1.7 billion or $2.24 per diluted share, compared to net income of $1.1 billion or $1.41 per diluted share in Q2 2013. "Strong operating performance across our production programs and services businesses drove revenue and earnings-per-share growth and healthy operating cash flow, which supported $1.5 billion in additional share repurchases in the quarter," said Boeing Chairman and CEO Jim McNerney. The full research reports on Boeing are available to download free of charge at:
http://www.analystsreview.com/Jul-28-2014/BA/report.pdf
B/E Aerospace Inc. Research Reports
On July 23, 2014, B/E Aerospace Inc. (B/E Aerospace) reported its financial results for Q2 2014. Revenues for the quarter increased 28.1% YoY to $1.1 billion. Q2 2014 earnings for the Company came in at $108.6 million or $1.04 per diluted share, compared to net income of $92.4 million or $0.89 per diluted share in Q2 2013. Commenting on the Company's outlook, Amin J. Khoury, Chairman and CEO of B/E Aerospace said, "Our total backlog, both booked and awarded but unbooked, of approximately $8.9 billion, our expectation for robust wide-body aircraft deliveries, our expectation of strong revenue growth from our SFE program deliveries, and the expectation for continued growth in global passenger travel, all provide a basis for our expectation of continued strong revenue growth." The full research reports on B/E Aerospace are available to download free of charge at:
http://www.analystsreview.com/Jul-28-2014/BEAV/report.pdf
Hexcel Corp. Research Reports
On July 21, 2014, Hexcel Corp. (Hexcel) reported its financial results for Q2 2014. Net sales for the quarter increased 11.2% YoY to $470.1 million. Net income for the Company came in higher at $50.6 million or $0.51 per diluted share, compared to net income of $48.5 million or $0.48 per diluted share in Q2 2013. Commenting on these results, CEO Mr. Stanage said, "This was another strong quarter for Hexcel, as solid execution combined with continued strong Commercial Aerospace sales enabled us to deliver excellent results. For the quarter, our adjusted diluted EPS of $0.55 was 15% higher than last year, on a 10% increase in constant currency sales. Our Commercial Aerospace sales were up nearly 14% in constant currency and our Industrial sales increased 21% in constant currency sales as compared to the second quarter of 2013." The full research reports on Hexcel are available to download free of charge at:
http://www.analystsreview.com/Jul-28-2014/HXL/report.pdf
L-3 Communications Holdings Inc. Research Reports
On July 10, 2014, L-3 Communications Holdings Inc. (L-3) announced that it intends to release its Q2 2014 results on July 31, 2014 before markets open. L-3 also stated that it will host a conference call on the same day at 11:00 a.m. ET that will be simultaneously broadcast over the internet. The webcast will be hosted by Michael T. Strianese, Chairman, President and CEO, and Ralph G. D'Ambrosio, Senior Vice President and CFO, and will be available on the Company's website. The full research reports on L-3 are available to download free of charge at:
http://www.analystsreview.com/Jul-28-2014/LLL/report.pdf
Woodward, Inc. Research Reports
On July 21, 2014, Woodward, Inc. (Woodward) reported its financial results for Q3 FY 2014 (period ended June 30, 2014). Net sales for the quarter increased 8.4% YoY to $524.3 million. Net earnings nearly doubled to $46.0 million or $0.69 per diluted share, compared to net income of $23.7 million or $0.34 per diluted share in Q2 FY 2013. Commenting on the performance, Thomas A. Gendron, Woodward's Chairman and CEO stated, "Results for the quarter were strong, with many of our markets showing improvement. Our increase in sales and profitability mainly reflects the stabilization of the global economy, a strong commercial aerospace market, recovery in the renewable power market, and ongoing productivity initiatives." The full research reports on Woodward are available to download free of charge at:
http://www.analystsreview.com/Jul-28-2014/WWD/report.pdf
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