Boeing Co. (NYSE: BA) today obliterated Wall Street earnings estimates, reporting a second-quarter profit of $1.1 billion, or $1.35 per share, compared with a loss of $160 million, or 21 cents, a year earlier. Revenue skyrocketed 14% to $17 billion. Analysts had expected earnings of $1.16 and revenue of $16.2 billion, acccording to Thomson Financial. It also raised its 2007 outlook. For earnings release click here, AP story click here. and Bloomberg News story click here. Detailed post to follow later.











Reader Comments (Page 1 of 1)
7-30-2007 @ 3:29PM
Kay said...
Do you think that Boeing stock will split?