Skip to content

Boeing Forecasts Improved 2017 After Quarterly Profit Increase

By Bill Koenig, Senior Editor, Advanced Manufacturing Media

Boeing Co. today forecast improved profits and aircraft deliveries after posting increased fourth-quarter earnings.

The Chicago-based company said it expects to deliver 760 to 765 commercial aircraft this year, up from 2016’s 748. The aircraft maker forecast 2017 earnings of $10.25 to $10.45 a share, up from last year’s $7.61.

Boeing said its “core earnings,” which exclude some one-time costs and gains, would be $9.10 to $9.30 a share, an improvement from $7.24 in 2016.

Read More