July 25, 2012 / 11:48 AM / in 5 years

Boeing profit up on rising plane deliveries

The Boeing logo is seen on a Boeing 787 Dreamliner airplane in Long Beach, California March 14, 2012. REUTERS/Lucy Nicholson

(Reuters) - Boeing Co (BA.N) reported an increase in second-quarter profit on Wednesday as rising airplane deliveries offset higher pension costs.

The plane maker and defense contractor reported a profit of $967 million, or $1.27 per share, compared with $941 million, or $1.25 per share, in the year-ago quarter.

Sales rose 21 percent to $20 billion, boosted by commercial aircraft sales.

Reporting by Bill Rigby in Seattle; Editing by Lisa Von Ahn

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below