Boeing Co. saw its revenues jump by 21 percent in the second quarter on the strength of higher aircraft deliveries, but its profits rose only by three percent, the company reported this morning.
That performance, however, handily beat Wall Street estimates for the companys profits. Analysts had predicted earnings of $1.12 a share. The company delivered $1.27 a share. Wall Street had anticipated revenues of $19.4 billion. The company produced $20 billion.