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Boeing’s Downbeat 2013 Earnings and Revenue Forecast Is Met With A Rising Share Price: More Evidence That Mr. Market Is In His Manic Phase

From The Daily Capitalist
January 30, 2013 - 8:24am
Boeing is out with Q4 earnings this AM.  It offered guidance for earnings for 2013, assuming the problems with the 787 Dreamliner are resolved in a reasonable time frame.  Projected revenues for 2013 are $83.5 B, well below published analysts’ estimates of $87.9 B (note typo in LINK).  Projected earnings of $5.10 are below consensus [...]

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