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Boeing Co. said Wednesday its first-quarter profit climbed 58% to $923 million
NEW YORK (MarketWatch)
Boeing Co. said Wednesday its first-quarter profit climbed 58% to $923 million, or $1.22 a share, from $586 million, or 78 cents a share, in the year-ago period
The aerospace firm's revenue jumped 30% to $19.38 billion
Wall Street analysts expected Boeing to earn 96 cents a share on revenue of $18.45 billion, according to a survey by FactSet Research
Looking ahead, Boeing expects 2012 profit of $4.15 a share to $4.35 a share, compared to the analyst estimate of $4.48 a share
Shares of Boeing rose 2.5% in pre-market trades
Boeing Co. said Wednesday its first-quarter profit climbed 58% to $923 million, or $1.22 a share, from $586 million, or 78 cents a share, in the year-ago period
The aerospace firm's revenue jumped 30% to $19.38 billion
Wall Street analysts expected Boeing to earn 96 cents a share on revenue of $18.45 billion, according to a survey by FactSet Research
Looking ahead, Boeing expects 2012 profit of $4.15 a share to $4.35 a share, compared to the analyst estimate of $4.48 a share
Shares of Boeing rose 2.5% in pre-market trades
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