Boeing: annual EPS target raised.

(CercleFinance.com) - Boeing, which has posted better-than-expected figures for the second quarter, has raised its annual adjusted target EPS range by 60 cents to between 9.
80 and 10 dollars, for revenues still expected to come in at between 90.5 and 92.5 billion.

Over the course of the last quarter, the aircraft manufacturer has raked in an adjusted EPS of 2.55 dollars, even though consensus only predicted little over 2.30 dollars, and compared to a loss of 44 cents per share previously.

Revenues have fallen by 8% to 22.7 billion dollars, reflecting the delivery of 226 commercial and defence craft. Boeing has taken 27 billion dollars in new orders for the period, taking its order book up to 482 billion as at the end of June.

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