After Q4 profit, Boeing lowers expectations for 2010

01/27/2010 | Wall Street Journal, The · Reuters

Boeing Co. swung to a $1.27 billion profit in the 2009 fourth quarter, reversing a loss in the year-earlier period caused mainly by strike-related expenses. But despite a 42% jump in quarterly revenue, Boeing said its profit this year will likely not exceed $4 a share, falling short of the $4.26 analysts had anticipated.

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Wall Street Journal, The · Reuters

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