B/E Aerospace Inc. (NASDAQ: BEAV), Wellington, FL, reported sales for the third quarter of $679.8 million, a 4 percent increase over the same period a year ago. Profit decreased 7.4 percent to $45.8 million.
Third-quarter commercial aircraft segment sales were $507.8 million, down 1.2 percent from the prior year. Operating earnings increased 1.8 percent to $96.2 million.
Business jet segment sales increased 23 percent to $172 million, with operating earnings of $28 million, an increase of 2.2 percent.
For the first nine months, sales for B/E were $2.1 billion, up 5.6 percent year-over-year. Profit increased 15.8 percent to $202.3 million.