What Boeing's Report Means for U.S. Companies With China Exposure

Kate Warne, investment strategist at Edward Jones, talked to TheStreet about what Boeing's report means for U.S. companies with exposure to China, Apple's beat and how the healthcare sector is looking.
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Boeing (BA) - Get Report smashed Wall Street expectations Wednesday, Jan. 30. 

The company is Real Money's stock of the day

The company said earnings for the three months ending in December came in at $5.48 per share, a 79% increase from the same period last year and smashing the Street forecast by more than $1 per share. Group revenues were largely in-line at $28.34 billion.

Looking into 2019, Boeing sees record commercial airplane deliveries of between 895 and 905 aircraft, the company said, up from 805 last year. while group revenues will like hit a range of $109.5 billion to $111.5 billion, well ahead of the consensus forecast of $106 billion. With margins improving to at least 10.5%, Boeing hinted, earnings should come within a range of $19.90 to $20.10, firmly ahead of the Refinitiv forecast of $18.30 per share, reported TheStreet's Martin Baccardax. 

Kate Warne, investment strategist at Edward Jones, spoke to TheStreet about what the Boeing earnings mean for companies with exposure to China, how the tech sector is doing after Apple's (AAPL) - Get Report earnings and how healthcare is looking now that Amgen (AMGN) - Get Report , Pfizer (PFE) - Get Report and Allergan (AGN) - Get Report have reported. 

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