Shares of Boeing Co. BA, +6.83% ran up 3.1% in premarket trade Wednesday, after the aerospace and defense giant reported third-quarter earnings and revenue that beat expectations, boosted by its commercial airplanes business, and raised the full-year outlook. Net earnings rose to $2.36 billion, or $4.07 a share, from $1.81 billion, or $2.99 a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share increased to $3.58 from $2.62, above the FactSet consensus of $3.47. Revenue grew 4% to $25.15 billion, well above the FactSet consensus of $23.90 billion. Among Boeing's business segments, commercial airplanes revenue slipped 1% to $15.28 billion but beat the FactSet consensus of $14.28 billion, while defense, space and security revenue rose 18% to $5.73 billion to top expectations of $5.52 billion. Global services revenue grew 14% to $4.09 billion, topping the FactSet consensus of $3.84 billion. The company raised its 2018 guidance ranges for adjusted EPS to $14.90 to $15.10 from $14.30 to $14.50 and for revenue to $98.0 billion to $100.0 billion from $97.0 billion to $99.0 billion. The stock has lost 2.3% over the past three months, while the Dow Jones Industrial Average DJIA, +1.33% has slipped 0.2%.