Boeing reported Q3 FY 2016 earnings of $3.51 per share (versus $2.52 in Q3 FY 2015), beating analysts’ consensus estimate of $2.62.
The company’s quarterly revenues amounted to $23.898 bln (-7.5% y/y), beating analysts’ consensus estimate of $23.600 bln.
The company also reaffirmed guidance for FY 2016 profit, projecting EPS of $6.10-6.30 versus analysts’ consensus estimate of $6.29. At the same time, it increased FY 2016 revenues by $500 mln to $93.5-95.5 bln versus analysts’ consensus estimate of $94.04 bln.
BA rose to $140.50 (+1.06%) in pre-market trading.
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