Boeing Co reported a higher-than-expected quarterly net profit on Wednesday, but the results were down from a year earlier on fewer airplane deliveries.
The world's second-largest airplane maker after Airbus said its second-quarter net profit fell to $787 million, or $1.06 per share, from $998 million, or $1.41 per share, a year earlier.
The results beat a Wall Street consensus estimate of $1.01 per share, according to Thomson Reuters I/B/E/S.
Revenue slipped 9 percent to $15.6 billion.
Revenue from the commercial airplane division declined 12 percent to $7.4 billion on 9 percent fewer airplane deliveries. Boeing Commercial Airplanes booked 88 orders in the quarter, while 20 were removed.
The commercial order backlog amounted to 3,304 airplanes valued at $252 billion.
Revenue from the defense unit fell 8 percent to $8 billion on lower Network & Space Systems volume.
Revenue from Boeing Capital declined 3 percent to $162 million.
(Reporting by Kyle Peterson; Editing by Lisa Von Ahn)