February 21, 2018 / 3:36 PM / 3 months ago

CEO expects Boeing to generate 15 percent of 2018 profit in first quarter

NEW YORK (Reuters) - Boeing Co (BA.N) will generate about 15 percent of its earnings per share and about 10 percent of its cash for the full year during the first quarter of 2018, Boeing Chief Executive Dennis Muilenburg said on Wednesday.

FILE PHOTO: The Boeing logo is seen on a Boeing 787 Dreamliner airplane in Long Beach, California March 14, 2012. REUTERS/Lucy Nicholson/File Photo

Boeing said last month that it expects to earn adjusted profit of $13.80 to $14.00 per share for all of 2018, and operating cash flow of $15 billion. Muilenburg spoke at an investor conference in Miami organized by Citigroup.

    Reporting by Alwyn Scott; Editing by Bill Rigby

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below