Boeing Beats on Earnings, Disappoints on Guidance

Boeing (BA) reported earnings this morning and they were better than expected. However, its guidance was disappointing. According to Dow Jones Newswires, analysts expected Boeing to earn $1.36 a share on $17.57 billion in revenues. The company reported earnings that, at $1.75 a share, were 29% better than expected, while revenues of $17.94 billion were 2% higher.