Wednesday, April 27, 2016

Boeing Q1 Profit Down, Adj. EPS Misses View; Backs 2016 Outlook

Boeing Co. (BA) reported a profit for the first-quarter that declined about 9 percent from the prior year. It reaffirmed its 2016 outlook, primarily driven by improved performance. Core earnings per share missed analysts' expectations, while quarterly revenues topped their estimates.

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