Tags: Boeing | Profit | Earnings | Jet Deliveries

Boeing Profit Gets Boost From Increased Deliveries

Wednesday, 23 Jul 2014 07:57 AM

Boeing Co. reported a 52 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries.

The company's net income rose to $1.65 billion, or $2.24 per share, in the second quarter ended June 30, from $1.09 billion, or $1.41 per share, a year earlier.

Core earnings, which exclude some pension and other costs, rose to $2.42 per share from $1.67.

Commercial aircraft deliveries rose 7 percent to 181.

Revenue rose 1 percent to $22.05 billion.

For 2014, the company said it expects core earnings of $7.90-$8.10 per share, up from its previous forecast of $7.15-$7.35 per share.

© 2017 Thomson/Reuters. All rights reserved.

 
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Boeing Co. reported a 52 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries.
Boeing, Profit, Earnings, Jet Deliveries
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2014-57-23
Wednesday, 23 Jul 2014 07:57 AM
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