Boeing Co Beats Earnings Estimates, Misses Sales

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Boeing Co Beats Earnings Estimates, Misses Sales
kwluth / Pixabay

Boeing released its first quarter earnings report before opening bell this morning, posting non-GAAP earnings of $1.97 per share, a 12% increase from last year, on $22.1 billion in revenue, an 8% year over year increase. Analysts had been expecting earnings of $1.84 per share on $22.6 billion in revenue. In the same quarter a year ago, the airplane maker reported earnings of $1.28 per share on $20.5 billion in revenue.

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