Wednesday, January 25, 2017

Boeing Q4 Results Beat View; But Sees FY17 Results Below Estimates

Aerospace and defense giant Boeing Co. on Wednesday reported a 59 percent increase in profit for the fourth quarter from last year, reflecting higher commercial aircraft deliveries. Both revenue and adjusted earnings per share for the quarter beat analysts' expectations. Looking ahead, the company forecast fiscal 2017 financial results below analysts' estimates.

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