Boeing's stock slips after profit misses, guidance delayed
Shares of Boeing Co. BA, -0.31% dropped 0.8% in premarket trade Wednesday, after the aerospace and defense giant missed first-quarter profit projections, as commercial airplanes revenue fell more than expected, and said it would update its 2019 guidance at "a future date." Net income fell to $2.15 billion, or $3.75 a share, from $2.48 billion, or $4.15 a share, in the year-ago period, as lower 737 deliveries was partially offset by higher defense and services volume.
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