Boeing, Northrop Raise Full-Year Profit Targets

By | July 23, 2014

Scalper1 News

Boeing (BA) raised its full-year guidance Wednesday after reporting strong commercial deliveries. But revenue lagged estimates, and military sales were weak. The aerospace giant’s second-quarter core earnings, which excludes pensions and other costs, soared 45% to $2.42 per share. Analysts polled by Thomson Reuters were expecting $2.01. Revenue rose 1% to $22.05 billion, vs. views for $22.23 billion, missing for the first time in six quarters. The Scalper1 News

Scalper1 News