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Analysts surveyed by earnings tracker First Call forecast the company would earn 35 cents. A year earlier, net income was $469 million, or 50 cents a share.
Boeing recorded 656 orders last year and has struggled in the first quarter of this year as arch-rival Airbus Industrie has claimed its prized 50 percent of market share.
Shares of Boeing (BA: down $1.85 to $46.85, Research, Estimates) lost about 4 percent in morning trading following the pre-market report. The Chicago-based company is one of five components of the ...
Boeing Co. second-quarter earnings climbed as the world's largest aerospace manufacturer topped Wall Street expectations Wednesday with an unexpected rise in revenue.
Boeing Co. flew well over second-quarter earnings estimates Wednesday as it nearly reached the year-earlier profit level, and the company reaffirmed its 2002 and 2003 earnings guidance.
Aerospace giant Boeing Co. Tuesday said it plans to cut 48,000 jobs during the next two years as part of a large-scale plan to cut airplane production in the face of the Asian financial crisis.
Boeing Co. beat fourth-quarter earnings forecasts Wednesday and projected sales gains despite some recent order victories for competitor Airbus Industrie.
Boeing inks China deal. NEW YORK (CNNfn) - Boeing Co. signed an agreement Tuesday to sell China 30 commercial 737 aircraft in a $1.6 billion deal. China plans to use the new aircraft, scheduled ...
Profits soared at Boeing Co., easily topping forecasts on Wall Street, as the world's largest aircraft maker posted a big jump in sales compared with a year earlier, when a strike hurt its results.
Boeing Co. said Wednesday that profits tumbled in the fourth quarter as the biggest maker of commercial aircraft saw business drop sharply after the Sept. 11 terrorist hijackings.