Boeing Profit Jumps 26 Percent As Commercial Aircraft Sale Rises

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Boeing 787 2011
A Boeing 787 Dreamliner

(Reuters) - Boeing Co. (NYSE:BA) posted a 26 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries.
 
The company earned $1.23 billion, or $1.61 per share, in the fourth quarter, up from $978 million, or $1.28 per share, a year earlier.
 
Core earnings, which exclude some pension and other costs, rose to $1.88 per share from $1.46 per share, a year earlier.
 
Revenue increased 7 percent to $23.8 billion.
 
For 2014, the company expects core earnings to be between $7 and $7.20 per share.
 
(Reporting by Sweta Singh in Bangalore; Editing by Savio D'Souza)

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