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Jim Cramer: Boeing Needs to Watch Its Widebodies

Boeing beat Wall Street earnings forecasts but it needs to watch its widebody aircraft production, says Jim Cramer.
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Boeing (BA) - Get Report beat Wall Street earnings forecasts but it needs to watch its widebody aircraft production, says TheStreet's Jim Cramer. Before the market open, the Chicago-based aerospace company reported earnings of $2.81 a share, topping analysts' estimates of $2.62 a share. Revenue declined to $23.9 billion from $25.8 billion a year ago but beat analysts' projections of $23.6 billion. For the full year, Boeing now expects to report earnings between $6.80 and $7.00 a share, up from between $6.10 and $6.30 a share. Revenue is anticipated to be between $93.5 billion and $95.5 billion, up from $93.0 billion to $95.0 billion.

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