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Apr 20, 01, 2:22 pm
Buoyed by strong airplane deliveries and a substantial tax break, Boeing Co.'s first-quarter earnings nearly tripled from a year ago when the aerospace company was hurt by a strike.
The results handily beat Wall Street expectations.
Boeing earned $1.24 billion, or $1.45 per share, in the January-March period compared with $418 million, or 48 cents a share, last year. The latest results included a one-time tax benefit of $475 million.
http://www.nytimes.com/reuters/business/business-boeing-earns.html
http://www.nytimes.com/aponline/business/AP-Earns-Boeing.html
The results handily beat Wall Street expectations.
Boeing earned $1.24 billion, or $1.45 per share, in the January-March period compared with $418 million, or 48 cents a share, last year. The latest results included a one-time tax benefit of $475 million.
http://www.nytimes.com/reuters/business/business-boeing-earns.html
http://www.nytimes.com/aponline/business/AP-Earns-Boeing.html