Boeing 1Q earnings, revenue rise on aircraft sales

Boeing Co. says its first-quarter earnings jumped 58 percent on higher revenue from sales of commercial airplanes, helping it overcome slow growth in its defense business.

Zacks.com submits: The Boeing Company (BA), casting away all market pessimism, reported strong numbers for the first quarter of 2011. In the reported quarter the company posted quarterly earnings of 78 cents per share, beating both the Zacks Consensus Estimate of 71 cents and year-ago earnings of 70 cents.

By Christopher Grosvenor, CMT:Boeing (BA) reported third-quarter profits on Wednesday that were better than analysts expected because of sharp increases in aircraft deliveries. Boeing also raised its earnings forecast for 2012 for the third time.

Boeing's second-quarter profit rose 20% as commercial-aircraft deliveries and services revenue rose.

By Vladimir Zernov:Boeing (BA) has enjoyed a run up during the last few months. The stock is up 26.5% year-to-date. BA has recently reported its first quarter earnings that have beaten analyst estimates (analyst estimates sourced from Yahoo!

Zacks.com submits: In anticipation of long-term demand for its Next-Generation 737 airplanes, Boeing Company (BA) has decided to boost ITS production rate of the aircraft. The company will increase its production rate to 35 airplanes per month in early 2012 from the current rate of 34 airplanes per month to cater to a hike in demand.

By David Zanoni:The Boeing Company (BA) is experiencing some positive catalysts that should keep the stock in flight for the near and long-term. The company recently reported EPS of $1.35 versus an estimate of $1.13 for Q3 2012. It has exceeded earnings estimates for the past four quarters.