Reuters: Quarterly profit increased, but shares of the Chicago-based aerospace and defense giant fell 1.5% in early trading.
Reuters: Quarterly profit increased, but shares of the Chicago-based aerospace and defense giant fell 1.5% in early trading.
The company earned $1.36 billion, or $1.86 per share, for the third quarter ended Sept. 30, up from $1.16 billion, or $1.51 per share, a year earlier.
Core earnings, which exclude some pension and other costs, rose to $2.14 per share from $1.80, easily topping analyst forecasts of $1.97, according to Thomson Reuters I/B/E/S. Revenue rose 7 percent to $23.78 billion.
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