Boeing Beats Wall Streetâs Forecast
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CHICAGO  â Boeing reported a 4 percent increase in fourth-quarter profit on Wednesday, topping Wall Streetâs expectations despite concerns over delays in the 787 Dreamliner.
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Boeing Co. , the world's top-selling plane maker, forecast that 28,600 new aircraft worth about $2.8 trillion will be bought over the next 20 years on the back of rising demand for passenger travel and air cargo.
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NEW YORK (Dow Jones)--Boeing Co. (BA) shares rose 0.3% to $52.25 in the premarket trading session Thursday after Continental Airlines Inc.
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Boeing Co. BA.N on Wednesday  reported a higher third-quarter profit on revenue growth in its  defense business and strong performance in its commercial  aircraft building operations, and said it raised its earnings  forecast for 2004.
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Stocks rose on Wednesday, driving the Dow Jones industrial average to a record high, after a strong profit and outlook from Cisco Systems Inc.  boosted optimism about corporate profits.
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Boeing Co. BA.N on Wednesday posted  a 78 percent jump in quarterly earnings that beat Wall Street  forecasts as stronger demand for its military networking and  weapons systems helped offset a decline in commercial airplane  revenue.
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Stocks rose slightly on Thursday, driving the Dow to yet another record close, boosted by news of a 27-plane order for Boeing Co.  and share-buyback plans from Caterpillar Inc.
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Plane maker Boeing has said its third quarter profits shot up 78% from a year ago to $456m. The company also gave an upbeat forecast for the rest of 2004 and into 2005.
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Wall Street was expected to start little  changed on Friday as investors continue to fret over the impact  of high oil prices on earnings, while Boeing BA.N will be  eyed after it reiterated its earnings forecast.
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Boeing Co  said on Wednesday fourth-quarter profit rose, helped by strong sales of its commercial aircraft.
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Aerospace giant Boeing Co. reported a 78 percent jump in third-quarter earnings, buoyed by a strong defense business, and raised its estimate for full-year profits due to a favorable tax outlook.
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Boeing (nyse: BA - news - people ) Chief Executive Harry Stonecipher is keeping the faith. On Monday, the head of the aerospace and military contractor insists he&#39;s confident his firm will ultimately win out
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Boeing Co. , the world&#39;s  top-selling plane maker, forecast that 28,600 new aircraft  worth about $2.8 trillion will be bought over the next 20 years  on the back of rising demand for passenger travel and air  cargo.
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Boeing Co. on Wednesday posted an 84 percent drop in quarterly profit on charges related to two aircraft programs, but it beat forecasts and said it sees stronger growth through 2006.
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Boeing Co. (BA.N: Quote, Profile, Research) on Wednesday posted a 78 percent jump in quarterly earnings that beat Wall Street forecasts as stronger demand for its military
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Boeing Co. BA.N on Wednesday posted  an 84 percent drop in quarterly profit on charges related to  two aircraft programs, but beat forecasts and painted a rosy  future for commercial jet orders into 2007.
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U.S. stocks rose on Wednesday after  the Boeing Co.'s BA.N results beat forecasts and the Federal  Reserve raised rates by a quarter-percentage point, keeping its  pledge to tighten credit at a measured pace.