Boeing Co. (BA) Posts Better-than-Expected Earnings; Revised 787 Jetliner Schedule Planned for Q3
After sliding 11 cents in today’s early session, shares of Boeing Co. (NYSE: BA) climbed 20 cents mid-day after the company announced that its second-quarter earnings rose 17 percent over its 2008 second-quarter results, beating Wall Street expectations. Boeing posted earnings of $998 million, or $1.41 per share, for the period ended June 30, up from $852 million, or $1.16 per share, for the second quarter of 2008. Earnings for the second-largest commercial plane maker include a charge of 22 cents per share for a late delivery of military aircraft. Revenue increased 1 percent to $17.15 billion, up from $16.96…