Boeing posts earnings of $2.24 a share vs. $2.01 estimate
July 23, 2014 at 07:30 AM EDT
Analysts had expected Boeing to report earnings of $2.01 a share on $22.23 billion in revenue, according to a consensus estimate from Thomson Reuters. What is Boeing's stock doing now? Increasing demand from low-cost airlines and booming airline travel in Asia- and China in particular-prompted Boeing in July to raise its forecast for new airplanes.