• Company News: Boeing (BA) Q4 EPS beat analysts’ estimate

Market news

25 January 2017

Company News: Boeing (BA) Q4 EPS beat analysts’ estimate

Boeing reported Q4 FY 2016 earnings of $2.47 per share (versus $1.60 in Q4 FY 2015), beating analysts' consensus estimate of $2.33.

The company's quarterly revenues amounted to $23.286 bln (-1.2% y/y), generally in-line with analysts' consensus estimate of $23.129 bln.

The company also issued guidance for FY 2017, projecting EPS of $9.10-9.30 (versus analysts' consensus estimate of $9.27) and revenues of $90.5-92.5 bln (versus analysts' consensus estimate of $92.83 bln).

BA rose to $161.65 (+0.69%) in pre-market trading.

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