Company News: Boeing (BA) Q4 Earnings Beat Analysts’ Estimates

Market news

27 January 2016

Company News: Boeing (BA) Q4 Earnings Beat Analysts’ Estimates

Boeing reported Q4 FY 2015 earnings of $1.60 per share (versus $2.31 in Q4 FY 2014), beating analysts' consensus of $1.27.

The company's quarterly revenues amounted to $23.573 bln (-3.7% y/y), in line with consensus estimate of $23.553 bln.

Boeing issued downside guidance for FY 2016, projecting EPS of $8.15-8.35 (versus analysts' consensus of $9.41) and revenues of $93-95 bln (versus analysts' consensus of $97.26 bln).

Option expiries for today's 10:00 ET NY cut

Foreign exchange market. European session: the euro traded higher against the U.S. dollar after the release of the better-than-expected economic data from the Eurozone

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