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