• Company News: Boeing’s (BA) Q2 earnings beat analysts’ estimate

Market news

25 July 2018

Company News: Boeing’s (BA) Q2 earnings beat analysts’ estimate

Boeing (BA) reported Q2 FY 2018 earnings of $3.33 per share (versus $2.55 in Q2 FY 2017), beating analysts' consensus estimate of $3.25.

The company's quarterly revenues amounted to $24.258 bln (+5.2% y/y), generally in-line with analysts' consensus estimate of $24.022 bln.

The guidance reaffirmed FY 2018 EPS guidance of $14.30-14.50 (versus analysts' consensus estimate of $14.53) and raised FY 2018 revenue guidance to $97-99 bln from $96-98 bln (versus analysts' consensus estimate of $97.78 bln).

BA fell to $347.00 (-3.15%) in pre-market trading.

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