7-25-12-Boeing (NYSE:BA) had a great second quarter, announcing better than expected earnings and boosting guidance. The aviation company posted an EPS of $1.27, beating estimates of $1.10. Revenues in the quarter rose 21% year-over-year to $20.0 billion, also beating estimates of $19.37 billion.
Boeing raised its 2012 guidance to $4.40-$4.60, now close to the estimates of $4.61. The company said the rise is due to increased revenues and strong operating performance over its businesses, with commercial airplane deliveries increasing by 27%. For more coverage and analysis of the business world follow us on twitter @FNNOnline or check out our website at fnno.com.