Boeing Exceeds EPS Target and Increases GuidanceOctober 24, 2012 @ 7:55 AM EST
Earnings Update: Boeing
Boeing (BA) reported Q3 earnings per share of $1.35 which was well above the consensus estimate of $1.12.
Revenues for the quarter we reported at $20.01 billion, which was below the consensus estimate of $20.07 billion.
In a rare occurrence during this earnings season, the company increased full-year 2012 guidance. Boeing projects EPS to be in a range of $4.80-$4.95 versus the prior range of $4.40-$4.60 and the FactSet consensus of $4.72.
BA stock last traded in the after-hours session at $75.18, up +3.1% from the closing price of $72.82.
Boeing Last 12 Months
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