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Politics : A Real American President: Donald Trump

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To: Mrjns who wrote (100077)10/24/2018 8:20:55 AM
From: FJB3 Recommendations

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Boeing tops all expectations on strong defense spending
- IT'S WEIRD SEEING THEM CALLED 'CHICAGO' PLANE MAKER...

CHICAGO (AP) -- Boeing is topping expectations for the third quarter and raising its outlook for the year on burgeoning defense spending.

Shares are up more than 2 percent before the opening bell Wednesday.

The Chicago plane maker had a profit of $2.36 billion, or $4.07 per share. Adjusted per-share profit was $3.58, exceeding estimates by 13 cents, according to a survey by Zacks Investment Research.

Revenue was $25.15 billion, also breezing past projections for $23.72 billion.

Boeing Co.'s earnings projections are now between $14.90 and $15.10 per share for 2018, up from $14.30 to $14.50, with revenue in the range of $98 billion to $100 billion.
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