Boeing's shares climbed 5 percent Wednesday as the plane manufacturer's full-year profit beat Wall Street estimates, Reuters reports.
Here are three things to know about Boeing's fourth quarter and full-year 2017 results.
1. Including a gain under new U.S. tax law, Boeing nearly doubled net income in the fourth quarter of 2017 to $3.1 billion, compared to $1.6 billion a year prior.
2. Boeing expects between 810 and 815 commercial aircraft deliveries this year. This is as much as a 7 percent increase on the industry record of 763 aircraft it delivered last year.
3. Boeing also said it will end years of job cuts in 2018, Reuters reports. However, the planemaker will not restart hiring.