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Satnews Daily
October 26th, 2011

Financially Speaking...Boeing's 3Q Report


[SatNews] The final numbers are in and the financials indicate...

Boeing reports their third-quarter results and raises 2011 EPS guidance.
  • Results reflect strong core operating performance
  • Higher Q3 earnings on increased volumes and strong performance across the businesses offsetting higher pension expense
  • Delivered first 787 Dreamliner and achieved 747-8 Freighter FAA and EASA certification; production ramp-up progressing
  • Strong fundamental product-and-services strategies
  • Net orders of $26 billion; large diversified backlog at $332 billion
Conclusion:
Boeing's operating engine is running well... significant milestones have been achieved on development programs

  • Earnings per share of $1.46 reported on revenue of $17.7 billion
  • Backlog grew to $332 billion, including $26 billion in orders during the quarter
  • Operating cash flow of $0.4 billion reflects continued investment in development programs and $0.5 billion of pension funding
  • Cash and marketable securities of $9.2 billion provide strong liquidity
  • 2011 earnings per share guidance increased to between $4.30 and $4.40 per share on strong core performance across businesses
For your further review, The Boeing Third-Quarter 2011 Report is available at: at: