Boeing Rises Most Since 2011 as Jets Spur Forecast Boost
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Boeing Co., the world’s largest planemaker, rose the most in more than two years after boosting its annual profit forecast and beating analysts’ third-quarter estimates with an increase in jetliner deliveries.
Full-year profit excluding some pension expense will be $6.50 to $6.65 a share, up from a range of $6.20 to $6.40, Chicago-based Boeing said today. Earnings on that basis were $1.80 a share for the three months ended in September, topping the $1.52 average of 19 estimates compiled by Bloomberg.