Boeing profit jumps on higher jet deliveries

April 22, 2015 11:41 AM

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Boeing profit jumps on higher jet deliveries

Boeing delivered quarterly earnings that topped analysts' expectations on Wednesday, helped by rising demand for commercial aircraft.

Net income rose to $1.34 billion, or $1.87 per share, in the first quarter ended March 31, from $965 million, or $1.28 per share, a year earlier. Core earnings, which exclude pension and other costs, rose to $1.97 per share from $1.76.

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