With Boeing Trading For 28x Earnings, Is The Bull Market In A Melt-Up Phase?
January 10, 2018 at 17:45 PM EST
Company management projects GAAP EPS of $11.30 for 2017 (fourth quarter results are due out later this month), which would be 48% above 2016’s record level. Boeing is trading for 28x trailing earnings, versus the S&P 500 at 22x.