Boeing 2Q Results Fly Past Expectations
Reuters
Boeing Co (BA) posted better-than-expected second-quarter results on Wednesday, helped by a 15 percent jump in commercial aircraft revenue.
The company reported net income of $1.09 billion, or $1.41 per share, up 13 percent from a year earlier. Excluding items, it earned $1.67 per share.
Revenue rose 9 percent to $21.8 billion.
Analysts had expected $1.58 per share, excluding items, on revenue of $20.78 billion, according to Thomson Reuters I/B/E/S.
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Read more: http://www.foxbusiness.com/industries/2013/07/24/boeing-2q-results-fly-past-expectations/#ixzz2ZxpswVAC
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