Oppenheimer Reiterates Outperform for BE Aerospace

BE Aerospace, Inc. (NASDAQ: BEAV) announced $500M in new debt on 9/13, expected to impact EPS from $0.09/share to $0.29/share, thanks to BEAV's Commercial Aircraft and Consumables segments improvments, according to Oppenheimer.

EPS estimates are lowered to $1.49 (from $1.58) and $1.64 (from $1.89) for 2010/2011E, respectively.

Oppenehimer maintains its Outperform rating and $35 price target.

BE Aerospace, Inc. closed Friday at $30.72.