Boeing (BA) Tops Q2 EPS by 5c, Updates Guidance
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Boeing Reports Strong Second-Quarter; Generated Robust Cash; Raises Revenue Guidance
July 25, 2018 7:31 AM EDTCHICAGO, July 25, 2018 /PRNewswire/ --
Revenue increased to $24.3 billion reflecting 194 commercial deliveries and higher defense and services volume GAAP EPS of $3.73 and core EPS (non-GAAP)* of $3.33 on solid execution across the company Strong operating cash flow of $4.7 billion; repurchased 8.6 million shares for $3.0 billion Backlog grew to $488 billion, including nearly 5,900 commercial airplanes Cash and marketable securities of $9.8 billion provide strong liquidity Raised revenue and updated segment margin guidanceÂ
Table 1. Summary Financial Results
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