Strong travel demand lifts Boeing in first quarter

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CHICAGO (AP) Rising demand for travel provided Boeing with a huge tail wind, pushing earnings and revenue beyond Wall Street expectations in the first quarter.

Earnings reported Wednesday, April 25, were $2.48 billion, or $4.15 per share. Per-share earnings, adjusted for non-recurring gains, were $3.64, blowing past analyst projections for $2.59.

Revenue hit $23.38 billion with the Chicago company making 184 deliveries of commercial aircraft.

Shares of Boeing Co. were down slightly before the opening bell.

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