Boeing (BA) Tops Q1 EPS by 13c; Reaffirms FY15 Deliveries Outlook

Boeing (NYSE: BA) reported Q1 EPS of $1.97, $0.13 better than the analyst estimate of $1.84. Revenue for the quarter came in at $22.1 billion versus the consensus estimate of $22.59 billion.

Backlog remains strong at $495 billion with over 5,700 commercial airplane orders.

The Company reaffirmed its 2015 financial and deliveries guidance.

"With disciplined execution and a sharp focus on productivity, we are meeting increasing customer commitments while profitably growing our business," said Boeing Chairman and Chief Executive Officer Jim McNerney. "The strong operational and financial performance reinforces our ability to continue providing competitive returns for our shareholders while investing in technology and our people."

"Our outlook for the full year remains positive as our teams work to efficiently deliver our portfolio of industry-leading aerospace products and services. We are also maximizing the expertise of our talented people across the company to accelerate development program milestones and improve affordability for our customers."

For earnings history and earnings-related data on Boeing (BA) click here.

You May Also Be Interested In

• Philip Morris (PM) beats Q1 earnings, revenue estimates; issues upbeat guidance
• NVR, Inc. (NVR) Tops Q1 EPS by 1244c
• Boeing (BA) April weekly option implied volatility into quarter results