By Bill Koenig, Senior Editor, Advanced Manufacturing Media
Boeing Co. today forecast improved profits and aircraft deliveries after posting increased fourth-quarter earnings.
The Chicago-based company said it expects to deliver 760 to 765 commercial aircraft this year, up from 2016’s 748. The aircraft maker forecast 2017 earnings of $10.25 to $10.45 a share, up from last year’s $7.61.
Boeing said its “core earnings,” which exclude some one-time costs and gains, would be $9.10 to $9.30 a share, an improvement from $7.24 in 2016.