Boeing Earnings, Revenue beat in Q2

Boeing Earnings, Revenue beat in Q2 – Boeing (NYSE:) reported on Wednesday second quarter that beat analysts’ forecasts and revenue that topped expectations.

Boeing announced earnings per share of $0.4 on revenue of $17.00B. Analysts polled by anticipated EPS of $-0.8103 on revenue of $16.72B.

Boeing shares are up 3% from the beginning of the year and are trading at $227.00 , down-from-52-week-high.They are under-performing the Jones which is up 14.55% from the start of the year.

Boeing shares gained 2.13% in pre-market trade the report.

Boeing follows other major Industrials sector earnings this month

Boeing’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.

Honeywell had beat expectations on Friday with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.

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