Flying High: Boeing Shares Soar 6.5% as Company Reveals Record $100 Billion in Sales in 201816.8

Shares of aviation giant Boeing Co. surged on January 30, after the aerospace contractor reported that its earnings and profits for the fourth quarter of 2018 were significantly higher than expectations of Wall Street analysts. Amongst other things, this report provided a rather upbeat outlook for the 2019 financial year. According to the company’s reported earnings, net income grew to $3.42 billion, up from the $3.32 billion that was reported the previous year. Also, adjusted earnings per share rose from $5.07 to $5.48. The company’s revenues for the quarter stood at $28.34 billion as well, significantly beating the $1 billion

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