Boeing (BA) Tops Q3 EPS Views; Boosts FY16 Outlook
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Boeing Reports Third-Quarter Results and Raises Full Year Guidance
October 26, 2016 7:30 AM EDTCHICAGO, Oct. 26, 2016 /PRNewswire/ --
Strong operating cash flow of $3.2 billion; repurchased 7.6 million shares for $1.0 billion GAAP EPS of $3.60 and core EPS (non-GAAP)* of $3.51 on solid execution and tax items Revenue of $23.9 billion on timing of aircraft deliveries Backlog remains robust at $462 billion with more than 5,600 commercial airplane orders Cash and marketable securities of $9.7 billion provide strong liquidity 2016 revenue guidance increased $500 million on higher deliveries 2016 GAAP EPS and core EPS (non-GAAP)* guidance increased $0.70 for... More