Investing.com - Global aircraft manufacturer Boeing reported better-than-expected third quarter earnings and boosted its outlook for the full-year, it announced on Wednesday.
Earlier in the day, in its third quarter earnings report, Boeing said core earnings per share came in at USD1.80, blowing past expectations for USD1.52 per share.
The company’s third quarter revenue totaled USD22.13 billion, above forecasts for revenue of USD21.65 billion.
The upbeat results prompted the company to raise its full-year earnings outlook to a range between USD6.50 to USD6.65 per share, compared to a previous estimate for earnings in a range between USD6.20 per shares to USD6.40.
Following the release of the report, shares in Boeing rose 1.85% in pre-market trade.
Meanwhile, the outlook for U.S. equity markets was lower. The Dow Jones Industrial Average futures indicated a loss of 0.45% at the open, S&P 500 futures pointed to a decline of 0.55%, while Nasdaq 100 futures shed 0.6%.