Back in the green, Boeing raised its forecast for 2017

The aircraft manufacturer, Boeing, is back in the green in the second quarter, generating net earnings of $ 1.76 billion dollars despite a decline of 8.1% of its turnover, 22,74 billion, compared to 23.02 excluded billion expected on average by analysts. A year earlier, in the second quarter of 2016, the aircraft manufacturer suffered a net loss of $ 234 million, due to a heavy burden of $ 2 billion related to the programs 787, 747 and tanker aircraft KC-46, a-t-he recalled in a statement Wednesday, in which he indicates also meet its financial objective annual.

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It is now waiting to release it in 2017 an adjusted earnings per share, the reference in north America, including between 9,80-and 10-dollars, compared to between 9,20 and 9.40 us dollars before. In the second quarter, the profit was $ 2.55, compared to 2.3 dollars expected on average by analysts.

The title leaps

This optimism is due to the fact that the group hopes to pay less tax than it did up here and should at the same time benefit from a tax credit due to an acceleration of the funding of the pensions of its employees in the third quarter. Its expenditures are expected to further decrease to $ 300 million.

A state of mind reflected on Wall Street, where the title jumped 2.57% – 217.99 usd at around 11: 55 GMT (13h55 in France) in electronic trading before the opening of the session.

During the last three months, Boeing delivered 183 aircraft, down 8% year on year, but its operating margin rose from 5.6% to 10%. It confirms its goal of delivering between 760 and 765 commercial devices this year.

(With AFP)

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