Boeing (BA) Tops Q2 EPS by 25c; Raises Outlook
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Boeing Reports Strong Second-Quarter Results; Raises EPS and Cash Flow Guidance
July 26, 2017 7:30 AM EDTCHICAGO, July 26, 2017 /PRNewswire/ --
GAAP EPS of $2.89 and core EPS (non-GAAP)* of $2.55 on solid execution across the company Strong operating cash flow of $5.0 billion; repurchased 13.6 million shares for $2.5 billion Revenue of $22.7 billion reflecting 226 commercial and defense aircraft deliveries and services Backlog grew to $482 billion, including $27 billion of net orders during the quarter Increased guidance for GAAP EPS $0.75 and core EPS (non-GAAP)* $0.60 on improved performance and tax Raised operating cash flow guidance by $1.5 billion and lowered capital expenditures guidance by $300 million... More