ADVFN - Advanced Financial Network.
HOME» NYSE » B » BA Stock Price » BA Stock News

Boeing Share News

 Boeing Co. (the) Stock Price
BA Stock Price
 Boeing Co. (the) Stock Chart
BA Stock Chart
 Boeing Co. (the) Stock News
BA Stock News
 Boeing Co. (the) Company Information
BA Company Information
 Boeing Co. (the) Stock Trades
BA Stock Trades

Boeing Net Up on Commercial Unit Strength

Boeing Co.'s (BA) second-quarter income rose 2.8% as the aerospace giant saw a continued rebound in its commercial airplane business, while its defense operations flagged. The company raised its per-share earnings estimate for the year, now seeing $4.40 to $4.60 a share, from its previous view of $4.15 and $4.35. Boeing also upped its revenue guidance by $1.5 billion, forecasting $79.5 billion to $81.5 billion. The company's commercial business has been benefiting from a global expansion of passenger air travel and a flood of orders for its best-selling 737 jets. For the latest period, the commercial airplane business posted revenue of $11.84 billion, up 34%, as deliveries improved 27%. Still, Boeing's ability to execute on its bulging commercial aircraft backlog has been a primary concern among investors, and the company still has significant milestones to meet in boosting 787 output and launching its new 737 Max. Meanwhile, Boeing and others have faced challenges from soft U.S. defense spending. The company earlier this year unveiled plans to close defense operations in Wichita, Kan., as it grapples with lighter government spending. In the latest period, Boeing's defense, space and security segment, saw revenue rise 7% to $ 8.19 billion and operating earnings shrank 6%. Its network and space systems segment posted a 34% earnings drop. Boeing reported a profit of $967 million, or $1.27 a share, up from $941 million, or $1.25 a share, a year earlier. Revenue rose 21% to $20.01 billion. Analysts polled by Thomson Reuters most recently projected earnings of $1.12 a share on revenue of $19.37 billion. Operating margin narrowed to 7.7% from 9.3%. Shares closed Tuesday at $72.03 and were up 2.7% premarket. As of the close, the stock was down 1.8% so far this year. Write to Ben Fox Rubin at [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Boeing (BA)
DateTimeHeadline
01/17/201712:57:00Trump, Boeing CEO Discuss Air Force One Requirements
01/13/201704:13:00India Budget Carrier SpiceJet to Buy Up to 205 Boeing Jets
01/13/201701:53:00Boeing, SpiceJet Announce Deal for up to 205 Airplanes
01/11/201710:20:00Iran Air CEO Hopeful Plane Deals Won't be Derailed by Trump Administration
01/10/201720:26:00In Donald Trump's Washington, Business Lobbyists Champ at the...
01/10/201713:57:00Boeing, Jeju Air Finalize Order for Three Next-Generation 737-800s
01/10/201706:00:00Trump Win Puts Range of Business Interests Back in Play
01/09/201700:29:00Politico Veteran's News Venture Axios Aims to Fix Advertising
01/07/201703:03:00Boeing's Orders Skidded Last Year -- WSJ
01/06/201717:09:00Boeing's 2016 Orders Show Slowing Sales Boom - Update
01/06/201713:26:00Boeing's 2016 Orders Show Slowing Sales Boom - Update
01/06/201712:53:00Boeing's 2016 Orders Show a Slowing Sales Boom
01/06/201711:00:00Boeing Reports Fourth-Quarter Deliveries
01/06/201710:59:00Boeing Achieves Strong Delivery Numbers in 2016, Airplane Development...
01/05/201716:54:32Statement of Changes in Beneficial Ownership (4)
01/05/201716:54:32Statement of Changes in Beneficial Ownership (4)
01/05/201716:53:13Statement of Changes in Beneficial Ownership (4)
01/05/201716:51:54Statement of Changes in Beneficial Ownership (4)
01/05/201716:51:27Statement of Changes in Beneficial Ownership (4)
01/05/201716:49:18Statement of Changes in Beneficial Ownership (4)

Boeing and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US