Wednesday, January 31, 2018

Boeing Q4 Results Beat Estimates, Sees Strong FY18; Stock Up

Boeing Co. (BA) reported a profit for the fourth-quarter 2017 that increased 92 percent from last year, reflecting record deliveries and strong performance, as well as favorable tax reform of $1.74 per share. Quarterly revenue rose 9 percent. Adjusted earnings per share and revenue for the quarter beat analysts' expectations. The company expects 2018 results to be above current Street estimates.

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