Boeing posts higher adjusted profit, raises 2014 forecast
Credit: Reuters/Randall Hill
A 787 Dreamliner being built for India Air is pictured at South Carolina Boeing final assembly building in North Charleston, South Carolina December 19, 2013.
Revenue rose to $20.47 billion for the first quarter ended March 31 from $18.89 billion a year earlier.
Commercial aircraft deliveries rose 18 percent to 161.
The company earned $965 million, or $1.28 per share, down from $1.11 billion, or $1.44 per share, a year earlier.
Core earnings, which exclude some pension and other costs, rose to $1.76 per share from $1.73.
For 2014, the company said it expects core earnings to be between $7.15 per share and $7.35 per share.
(Reporting by Sweta Singh; Editing by Sriraj Kalluvila)
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