(Reuters) – Boeing Co (BA.N) said on Wednesday it expects to deliver between 810 and 815 commercial aircraft in 2018, as much as 6.8 percent more than the industry-record 763 jets it delivered in 2017.
The world’s biggest planemaker forecast operating cash flow of about $15 billion in 2018, compared with $13.34 billion in 2017.
Its shares rose more than 5 percent in pre-market trading
Boeing’s core earnings nearly doubled to $4.80 per share in the fourth quarter ended Dec. 31 from $2.47 a year earlier, buoyed by rising plane output and a gain from changes to the U.S. tax law.
It booked a one-time tax gain of $1.74 a share due to the lower U.S. corporate tax rate signed into law last month reducing its deferred tax liabilities in the future.
Excluding the gain, Boeing reported earnings of $3.06 a share. On that basis, Wall Street had been expecting $2.89 a share, according to a consensus of analysts estimates by Thomson Reuters I/B/E/S.
Reporting by Alwyn Scott in New York and Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty and Bill Rigby