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Boeing beats earnings estimates and raises 2012 guidance
NEW YORK (MarketWatch)
Boeing Co. said Wednesday its third-quarter profit fell 6% to $1.03 billion, or $1.35 a share, from $1.1 billion, or $1.46 a share, in the year-ago period
Higher pension expenses impacted the latest quarter by 18 cents a share
Revenue at the aerospace firm rose 13% to $20 billion from $17.73 billion
Wall Street analysts expected Boeing to earn $1.12 a share on revenue of $20.07 billion, according to a survey by FactSet
Looking ahead, Boeing expects 2012 earnings of $4.80 and $4.95 a share
Wall Street analysts have estimated 2012 earnings of $4.72 a share for Boeing
Boeing Co. said Wednesday its third-quarter profit fell 6% to $1.03 billion, or $1.35 a share, from $1.1 billion, or $1.46 a share, in the year-ago period
Higher pension expenses impacted the latest quarter by 18 cents a share
Revenue at the aerospace firm rose 13% to $20 billion from $17.73 billion
Wall Street analysts expected Boeing to earn $1.12 a share on revenue of $20.07 billion, according to a survey by FactSet
Looking ahead, Boeing expects 2012 earnings of $4.80 and $4.95 a share
Wall Street analysts have estimated 2012 earnings of $4.72 a share for Boeing
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