{"id":68338,"date":"2017-04-29T01:04:51","date_gmt":"2017-04-28T17:04:51","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/boeing-raises-eps-guidance-in-first-quarter-results\/"},"modified":"2017-04-29T01:04:51","modified_gmt":"2017-04-28T17:04:51","slug":"boeing-raises-eps-guidance-in-first-quarter-results","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/boeing-raises-eps-guidance-in-first-quarter-results\/","title":{"rendered":"Boeing Raises EPS Guidance in First Quarter Results"},"content":{"rendered":"<\/p>\n<p><strong>Boeing<\/strong> increased its full-year Generally Accepted Accounting Principles (GAAP) earnings per share guidance to between $10.35 and $10.55 from $10.25 and $10.45. Despite a drop in total revenue for the first quarter to $21 billion, Boeing&nbsp;Chairman, President and Chief Executive Officer&nbsp;(CEO) Dennis Muilenburg stated the company remains on track to achieve its full-year revenue, earnings and cash flow targets, due in part to a lower-than-expected tax rate. Boeing also reported that its first quarter GAAP earnings per share increased to $2.34.<\/p>\n<p>The company\u2019s Network and Space Systems (N&amp;SS) division reported first-quarter revenue of $1.6 billion with an operating margin of 6.3 percent. During the quarter, N&amp;SS announced an order for a 702 satellite with a dual payload from <strong>SKY Perfect JSAT <\/strong>and <strong>Kacific<\/strong>. The High-Throughput Satellite (HTS), JCSAT 18, will carry a Ku- and Ka-band mission over Asia-Pacific, including Far East Russia, and is scheduled to launch in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing increased its full-year Generally Accepted Accounting Principles (GAAP) earnings per share guidance to between $10.35 and $10.55 from $10.25 and $10.45. Despite a drop in total revenue for the first quarter to $21 billion, Boeing&nbsp;Chairman, President and Chief Executive Officer&nbsp;(CEO) Dennis Muilenburg stated the company remains on track to achieve its full-year revenue, earnings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":68339,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-68338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/68338"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=68338"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/68338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/68339"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=68338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=68338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=68338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}