Boeing: Jetliner sales boost results

Comment on this story

Boeing reported strong second-quarter earnings yesterday, lifted by higher commercial aircraft deliveries, and raised its profit outlook for the full year. Boeing’s net profit soared 52 percent from a year earlier to $1.65 billion (R17.5bn), while revenue rose 1 percent to $22.05bn. Core earnings a share rose 45 percent to $2.42, soundly topping analyst estimates of $2.01. The second-quarter results included a $272 million after-tax charge to reflect additional work on the KC-46A Tanker programme for the US Air Force, and a total of $524m in tax benefits. “Strong operating performance across our production programmes and services businesses drove revenue and earnings-per-share growth and healthy operating cash flow,” chief executive Jim McNerney said. – Sapa-AFP

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines