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Boeing Exceeds EPS Target and Increases Guidance

by The "State" Team

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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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