Tuesday, April 20, 2010

BusinessWeek: Boeing seen posting 1Q profit

I am not surprised to see Boeing posting a Q1 profit. Analysts surveyed by Thomson Reuters expect profit of 63 cents per share on revenue of $15.29 billion. Boeing has seen continued high demand for its 777 and 787. However, the 787 still hasn't entered service yet and profits could fall if further delays happen. I am sure Airbus's (or rather EADS's) results are not that great.

To read the entire story, please click here.

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