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U.S. Day Ahead: Despite 787 debacle, Boeing may bounce back

Tuesday, April 23, 2013 - 02:21

Apr 23 - Ahead of Boeing results, profits are set to jump 20 percent and Dreamliner production could double by 2014, according to analysts.

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Boeing may bounce back and that's the message from analysts ahead of its earnings. Profits are set to jump over 20% despite the company taking an estimated 600 million dollar head went fifteen of its three miners were grounded. Falling to battery fires. Sterne Agee said -- -- announced on Friday was one month ahead of its estimate according to steeple 787 production should eventually double. It's expecting ten -- a month by early 2014. Markets seem to agree Boeing shares soaring 19%. Since the January 16 grounding. The average price target for the stock has jumped five dollars to just above 93 and the last three months. Well if you're carrying on for it to stop its bleeding in Europe when it reports results -- you might -- think again. Overall profits are estimated to shrink by 5% from a year ago with analysts going more pessimistic on the stock Deutsche Bank says the company's losses in Europe will be worse than anticipated. Writing from two to two point fifteen billion dollars. Sales are also set to plummet by 20%. Investors aren't happy either Ford is up -- tepid 1% since the start of the year severely underperforming the broader S&P. Looks like it just animal will keep his crown -- had a General Electric for now. He is sent to survive a vote at a shareholder meeting to split the CEO and chairman role. According to our very owner Ernie Schneider -- is still respected despite the company warning of slower profit growth because of weakness in Europe. And sliding turbine sales. GE's stock has been pretty lackluster so far this year up about 2%. And apple watchers will digest the company's latest earnings after Tuesday's close. Insider we'll have the conference call live at 5 PM eastern along with -- latest reaction from the market and topped analysts'. Ahead of the number that we're seeing some strong opinions on Twitter. -- are our followers Anderson Chong says it's time to replace CEO Tim Cook but truck killing truth argues apple may have lost or -- -- something but it's hardly at -- We'll follow us on Twitter at Reuters Insider and get more of our video that Reuters dot com slash writers TV I'm -- mom this is Reuters.