Boeing Reports Third-Quarter Results; Raises Cash Flow and EPS Guidance

(PRNewswire) —

  • Revenue of $24.3 billion, including a record 202 commercial aircraft deliveries
  • GAAP EPS of $3.06 and core EPS (non-GAAP)* of $2.72 on solid execution
  • Strong operating cash flow of $3.4 billion; repurchased 11 million shares for $2.5 billion
  • Backlog remains robust at $474 billion, including nearly 5,700 aircraft in commercial airplane orders
  • Cash flow and EPS guidance raised; segment guidance updated

 

                                   

Table 1. Summary Financial Results

 

Third Quarter

   

Nine Months

 

(Dollars in Millions, except per share data)

 

2017

2016

Change

2017

2016

Change

               

Revenues

   

$24,309

   

$23,898

 

2%

   

$68,024

   

$71,285

 

(5)%

 
               

GAAP

             

Earnings From Operations

   

$2,689

   

$2,282

 

18%

   

$7,248

   

$3,651

 

99%

 

Operating Margin

 

11.1%

 

9.5%

 

1.6 Pts

 

10.7%

 

5.1%

 

5.6 Pts

 

Net Earnings

   

$1,853

   

$2,279

 

(19)%

   

$5,065

   

$3,264

 

55%

 

Earnings Per Share

   

$3.06

   

$3.60

 

(15)%

   

$8.27

   

$5.04

 

64%

 

Operating Cash Flow

   

$3,396

   

$3,202

 

6%

   

$10,440

   

$7,667

 

36%

 

Non-GAAP*

             

Core Operating Earnings

   

$2,373

   

$2,194

 

8%

   

$6,294

   

$3,400

 

85%

 

Core Operating Margin

 

9.8%

 

9.2%

 

0.6 Pts

 

9.3%

 

4.8%

 

4.5 Pts

 

Core Earnings Per Share

   

$2.72

   

$3.51

 

(23)%

   

$7.26

   

$4.79

 

52%

 
 

* Non-GAAP measures. Complete definitions of Boeing's non-GAAP measures are on page 6, "Non-GAAP Measures Disclosures."     


1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »
Featured Video
Jobs
GIS Specialist for Washington State Department of Natural Resources at Olympia, Washington
Business Technology Analyst for Surface Water Management at Everett, Washington
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
URISA GIS Leadership Academy at Embassy Suites Fort Worth Downtown 600 Commerce Street Fort Worth, TX - Nov 18 - 22, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise