Company News: Boeing (BA) quarterly earnings beat analysts’ forecasts

Market news

25 October 2017

Company News: Boeing (BA) quarterly earnings beat analysts’ forecasts

Boeing (BA) reported Q3 FY 2017 earnings of $2.72 per share (versus $3.51 in Q3 FY 2016), beating analysts' consensus estimate of $2.66.

The company's quarterly revenues amounted to $24.309 bln (+1.7% y/y), generally in-line with analysts' consensus estimate of $24.090 bln.

The company also issued raised guidance for FY2017 EPS of $9.90-10.10 (up from prior $9.80-10.00) versus analysts' consensus estimate of $10.03.

BA fell to $264.00 (-0.75%) in pre-market trading.

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