Boeing Sales Top $100 Billion for First Time
- Planemaker ends 2018 on strong note despite supplier snarls
- China orders face potential lull, risk from trade tensions
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Boeing Co. soared after reporting record cash for 2018 while cracking the $100 billion sales barrier for the first time in its 102 years -- and the U.S. planemaker says the best is yet to come.
Revenue, earnings and cash are all poised to rise this year, building on fourth-quarter earnings that beat estimates, the company said in a statement Wednesday. The lone blemish: Free cash flow of $2.45 billion in the last three months of 2018 missed analysts’ estimates.