CHICAGO ( TheStreet) -- Boeing ( BA) beat earnings estimates, crediting strong sales of both commercial and defense aircraft, and said its order book grew by $25 billion.

The company said it earned $837 million, or $1.12 a share, in the third quarter. Analysts surveyed by Thomson Reuters had estimated $1.06. Revenue rose 2% to $17 billion. Analysts had estimated $16.8 billion.

In the same quarter a year earlier, Boeing lost $1.6 billion, equivalent to a loss of $2.23 a share, as it booked losses related to delays in development of the 787 and 747-800.

Looking ahead, the company boosted full-year guidance to between $3.80 and $4 a share as a result of the stronger outlook for commercial aircraft sales. Analysts had been estimating $3.96. Boeing also said it expects full-year operating cash flow to exceed $1.5 billion, while revenue would fall between $64.5 billion and $65.5 billion. Analysts were estimating $64.5 billion.

"Our results and revised outlook reflect the continued strong performance of our commercial production and services programs and the ability of our defense businesses to produce solid results in a challenging environment," said CEO Jim McNerney, in a prepared statement. "Orders were particularly encouraging, with a multi-year production contract for 124 F/A-18 aircraft and more than 200 net commercial airplane orders booked in the quarter."

Boeing's backlog increased to $321 billion.

-- Written by Ted Reed in Charlotte, N.C. .

>To contact the writer of this article, click here: Ted Reed

More from Stocks

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Danica Patrick's Final Race at 2018 Indianapolis 500: What She Thinks About Cars

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

Why The FANG Stocks' Dominance May Not Be So Bad For The Market

At End of May, Investors Signalling They May Stay Away

At End of May, Investors Signalling They May Stay Away

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever