Boeing’s Downbeat 2013 Earnings and Revenue Forecast Is Met With A Rising Share Price: More Evidence That Mr. Market Is In His Manic Phase

Boeing is out with Q4 earnings this AM.  It offered guidance for earnings for 2013, assuming the problems with the 787 Dreamliner are resolved in a reasonable time frame.  Projected revenues for 2013 are $83.5 B, well below published analysts’ estimates of $87.9 B (note typo in LINK).  Projected earnings of $5.10 are below consensus [...]

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