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Boeing Q1 adjusted earnings miss estimates when profit falls

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Christian Fernsby |
Boeing 737 MAX
Boeing   The company's earnings came in at $2.15 billion, or $3.75 per share

The Boeing Co. revealed a profit for first quarter that fell from last year.


The company's earnings came in at $2.15 billion, or $3.75 per share. This compares with $2.48 billion, or $4.15 per share, in last year's first quarter.

Excluding items, The Boeing Co. reported adjusted earnings of $1.99 billion or $3.16 per share for the period.

Analysts had expected the company to earn $3.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.0% to $22.92 billion from $23.38 billion last year.


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