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Boeing\\\'s profit jumps 18pc

October 23, 2014 00:00:00


 NEW YORK, Oct 22 (Reuters) : Boeing Co  reported an 18 per cent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand.

The company earned $1.36 billion, or $1.86 per share, for the third quarter ended Sept. 30, up from $1.16 billion, or $1.51 per share, a year earlier.

Core earnings, which exclude some pension and other costs, rose to $2.14 per share from $1.80.

Revenue rose 7.0 per cent to $23.78 billion.

Commercial aircraft deliveries rose 9.0 per cent to 186.


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