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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