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

Market news

25 April 2018

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

Boeing (BA) reported Q1 FY 2018 earnings of $3.64 per share (versus $2.01 in Q1 FY 2017), beating analysts' consensus estimate of $2.59.

The company's quarterly revenues amounted to $23.382 bln (+6.5% y/y), beating analysts' consensus estimate of $22.221 bln.

The company also raised FY2018 EPS guidance to $14.30-14.50 from $13.80-14.00 (versus analysts' consensus estimate of $14.09) and reaffirmed FY2018 revenues guidance at $96-98 bln (versus analysts' consensus estimate of $97.03 bln).

BA rose to $338.00 (+2.72%) in pre-market trading.

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