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Posted January 27, 2016 by FTM Staff Analyst in NEWS
 
 

Boeing Plunges as 2016 Profit Forecast Misses Estimates

Boeing 4Q core EPS $1.60, est. $1.27 (range $1.08-$1.40); shares fall more than 6%.

Revenue $23.57b, estimate was for $23.6b (range $22.68b-$24.08b)
Sees 2016 core EPS $8.15-$8.35, est. $9.42 (range $8.45-$10.05)

Analysts are not liking the low EPS estimates otherwise Boeing delivered a solid beat.

FTM Staff Analyst

 


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