Actionable news
All posts from Actionable news
Actionable news in BA: BOEING COMPANY,

Boeing Raises 2015 Outlook as Profit Climbs 25%

Boeing Co. BA 0.33 % raised its 2015 guidance as the world’s largest aerospace company reported that its third-quarter earnings rose 25% on continued growth in deliveries of commercial jetliners.

Shares rose 2.3% to $142 in recent premarket trading as core earnings and revenue beat expectations.

The Chicago company raised its 2015 per-share earnings estimate by 25 cents a to $7.95 to $8.15 and boosted its revenue view by $500 million to $95 billion to $97 billion. Boeing also raised its estimate for commercial airplane deliveries by five planes and now expects deliveries to reach between 755 to 760 planes.

The aerospace giant has continued to benefit from...