Boeing (BA) Tops Q3 EPS by 11c, Raises FY EPS Guidance
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Boeing Reports Solid Third Quarter; Reaffirms Cash and Raises Revenue and EPS Guidance
October 24, 2018 7:30 AM EDTCHICAGO, Oct. 24, 2018 /PRNewswire/ --
Revenue increased to $25.1 billion driven by higher defense and services volume GAAP EPS of $4.07 and core EPS (non-GAAP)* of $3.58 on solid execution across the company Strong operating cash flow of $4.6 billion; repurchased 7.0 million shares for $2.5 billion Total backlog grew to $491 billion, including more than 5,800 commercial airplanes Cash and marketable securities of $10.0 billion provide strong liquidity Reaffirmed cash guidance; raised revenue and EPS guidance; updated segment margin guidance... More