Boeing 1Q income fell to $535 million

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Wednesday April 27, 08:08

Boeing 1Q income fell to $535 million

(by Mark Riley)

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Boeing Co., the world’s largest aircraft maker, reported on Wednesday its first-quarter results.

Income fell to $535 million, or 66 cents a share, from $623 million, or 77 cents, last year. Analysts were expecting 55 cents a share.

Revenue rose 1% to $12.99 billion. Analysts were expecting $13.28 billion.

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