Boeing profit forecast for 2016 has disappointed investors

Moscow. January 27. American concern Boeing Co., one of the world’s largest manufacturers of aviation, space and military equipment, reduced net profit and revenue for the fourth quarter of 2015 and gave a worse-than-expected forecast for the current year.

Net profit Boeing in October-December last year fell to $1.03 billion, or $1,51 per share, from $1.47 billion, or to $2.02 per share, for the same period a year earlier.

Adjusted profit amounted to $1,60 per share. Quarterly revenue dropped 3.7%, to $23.6 billion

Analysts polled by FactSet, on average, were expecting adjusted earnings at $1.28 per share on revenue of $23,53 billion.

For 2015 the company’s revenue rose 6% to $a 96.11 billion, net profit decreased 5% to $5,18 billion.

In 2016, Boeing plans to obtain an adjusted profit of $8,15-8,35 per share on revenue of between $93 billion to $95 billion. Experts expect the first rate of $9,43 per share, the second $97.2 billion

Just this year, Boeing intends to deliver to world markets from 740 to 745 commercial aircraft compared with 762 aircraft in 2015.

During preliminary trading on Wednesday, shares of the company fell in price by 6.3%.