Boeing Beats the Street and Guides Higher

“Boeing Co. (BA) boosted its full-year outlook for the second time this year after quarterly profit topped analysts’ estimates following 27 percent growth in commercial-jet deliveries and higher military-aircraft sales.

Net income rose to $967 million, or $1.27 a share, from $941 million, or $1.25, a year earlier, Boeing said today in a statement. The average of 24 analysts’ estimates compiled by Bloomberg was $1.13.”

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