Boeing Shares Rise

April 7, 2015 – Stock Market News

During early U.S. trade, Boeing shares were up 1.03% and trading above $152. According to figures released on Tuesday, the U.S. plane manufacturer beat the European Airbus company in new orders and deliveries for the first quarter. The net of 110 is a record for the Boeing company, above the net orders of 101 for Airbus. As reported by Reuters “Airbus took the lowest quarterly market share against its rival Being since the first quarter of 2002”. Boeing is expected to release its earning report on April 22nd for the fiscal quarter ending March 2015. The forecast for the earnings per share for the first quarter is $1.87, higher than the EPS of $1.76 for the same quarter last year.