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Boeing Co. (BA) Has Broken Out To A New High On Strong Q4 Results

Boeing Co. (BA) reported fourth quarter core EPS of $4.80 Wednesday morning, up from $2.47 a year ago. Analysts expected EPS of $2.89. The company expects to report full year 2018 core EPS of $13.80 to $14.00. Street expectations are for EPS of $11.96.

Boeing has gapped open sharply higher this morning and is now up 20.79 at $358.50. The stock has broken out of a 2-week trading range and has set a new high for the year.

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