Boeing Reports Q2 Results and Raises 2014 EPS Guidance

Boeing has published its results for Q2 2014. The manufacturer reports revenue of $22bn, with an order backlog totalling 5,200 aircraft worth up to $377bn. The Boeing Commercial Airplanes division recorded a Q2 revenue increase of 5% to $14.3bn. Q2 operating margin was 10.8%, reflecting the delivery volume and strong performance offset by the $238 million pre-tax charge on the KC-46A Tanker programme. During Q2, the Commercial Airplanes division delivered the first 787-9, along with the 787 programme’s approval of 330-minute ETOPS certification. The Commercial Airplanes division also received 264 net orders during Q2. Boeing’s core earnings per-share guidance for