For the quarter that ended Sept. 30, Boeing's net income fell 6 percent to $1.03 billion, from $1.1 billion a year ago.
The profit amounted to $1.35 per share. It would have been higher by 18 cents per share if not for increased pension expenses.
Analysts surveyed by FactSet were expecting a profit of $1.12 per share. Revenue rose 13 percent to $20 billion as the pace of commercial airplane deliveries picked up.
That matched analyst expectations. Boeing now expects to earn $4.80 to $4.95 per share this year, up from previous guidance of $4.40 to $4.60 per share. Analysts had been expecting $4.72 per share.
(Copyright 2012 by The Associated Press. All Rights Reserved.)