Boeing results due on October 20

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By TESTCustomwebLP TESTCustomwebLP October 13, 2010 11:15

Boeing results due on October 20

Boeing will release its fiscal third-quarter earnings on October 20. Most analysts expect the aircraft manufacturer to report earnings of 99 cents per share on revenue of $16.53 billion. In the year ago quarter, the company posted a loss of $2.22 per share on revenue of $16.69 billion.

At its last earnings call Boeing reafirmed its fiscal year expectations to earn in the range of $3.50 to $3.80 per share and revenue in the range of $64 billion to $66 billion. The company continues to expect that 2011 revenue will be higher than 2010, due to deliveries of 787s and 747-8s.

Boeing delivered 124 commercial aircraft in the 2010 third quarter, up 11 from 113 in the same period last year, for a total of 346 deliveries so far this year.

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By TESTCustomwebLP TESTCustomwebLP October 13, 2010 11:15
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