Boeing has reported first-quarter core earnings per share increased 24 per cent to $1.73, driven by strong performance around the company’s businesses. First-quarter 2013 results included the anticipated good thing about $0.19 per share for the 2012 research and development tax credit; first-quarter 2012 included a advantage of $0.11 per share regarding a favourable court judgment on satellite litigation. First-quarter core operating earnings increased 14 per cent to $1.9 billion from a similar period of the prior year when excluding the advantage of $131 million with regards to the favourable court judgment. First-quarter revenue was $18.9 billion, earnings from operations were $1.5 billion and earnings per share were $1.44. The company reaffirmed its 2013 financial and deliveries guidance. “Strong core operating performance fuelled by productivity gains and solid program execution...
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