Boeing (BA) Posts Narrower-than-Expected Q2 Loss; FY16 EPS Outlook Updated

Boeing (NYSE: BA) reported Q2 EPS of ($0.44), $0.48 better than the analyst estimate of ($0.92). Revenue for the quarter came in at $24.8 million versus the consensus estimate of $24.04 million.

FY16 core earnings per share (non-GAAP)* guidance has been adjusted to between $6.10 and $6.30 from $8.15 and $8.35 to reflect the impact of the 787 R&D reclassification and the 747 and Tanker charges, solid performance and tax benefits.

*** The Street sees EPS of $5.34.

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

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