US aerospace giant Boeing today reported higher quarterly earnings and raised its full-year profit forecast for the third quarter in a row on increased commercial aircraft deliveries.
Earnings for the third quarter came in at $1.36 billion, up 17.6% from the same time a year ago.
Key drivers included a jump to 186 commercial aircraft deliveries, up from 170 in the 2013 period.
Boeing booked 501 net orders during the quarter, with Ryanair signing a deal for 100 Boeing 737 jets.
In its government-oriented defence, space and security segment, Boeing scored higher profits in its military aircraft unit, in part due to increased deliveries of the P-8 vehicle developed for the US Navy.
But revenues fell in the government satellite and global services businesses.
Boeing raised its full-year profit forecast to $8.10-$8.30 per share "core" earnings from the prior range of $7.90-$8.10.
"With three solid quarters behind us and confidence in our ongoing performance, we are increasing our earnings per share outlook for 2014," said chief executive Jim McNerney.
The company said its revenues rose 7.5% to $23.78 billion, more than the $23.02 billion projected by analysts.
