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Satnews Daily
October 23rd, 2008

Financially Speaking... The Boeing Company


The Boeing Company’s [NYSE: BA] third-quarter net income declined 38 percent, to $695 million, while earnings per share declined 33 percent to $0.96 per share. This share decline reflects an ongoing machinists' strike and supplier production challenges on customer-furnished galleys for certain wide-body airplanes. Those items reduced third-quarter commercial airplane deliveries by approximately 35 units and net earnings by an estimated $0.60 per share. Revenues for the quarter declined 7 percent, to $15.3 billion. Access the full .pdf report using this link...