Wednesday, July 27, 2016

Boeing Posts Q2 Loss, But Results Top Estimates; Cuts 2016 Profit View

Boeing Co.(BA) reported a loss for the second-quarter 2016 compared to profit in the prior year, reflecting 787 cost reclassification and charges on the 747 program and the KC-46 Tanker program, partially offset by solid execution and higher volume. It cut its profit outlook for fiscal year 2016, while it reaffirmed annual revenue guidance.

from RTT - Earnings http://ift.tt/2adqEP4
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