Boeing Shares Surge on Earnings, Guidance

Boeing Co. (NYSE: BA) stock gained nearly 4 percent on Wednesday after the company beat third-quarter earnings estimates and raised its full-year guidance, suggesting 2018 could be a record year for revenue. Concerns over a potential negative impact from the U.S.-China trade war now seem a distant memory for Boeing investors, and analysts say strong global demand and aggressive capital returns will likely keep BA stock flying high. Boeing reported adjusted third-quarter earnings per share of $3.58 on revenue of $25.15 billion.

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