Please wait while we load the requested 10-K report or click the link below:
Boeing Corporate Offices
100 North Riverside Plaza
Chicago, IL 60606-1596
Boeing Reports Fourth-Quarter 2010 Results and 2011 Guidance
Earnings per share of $1.56, including favorable tax settlement, on revenue of $16.6 billion
Operating cash flow of $1.1 billion reflects strong operating performance
Full Year 2010
Earnings per share of $4.45 on revenue of $64.3 billion
Operating cash flow of $3.0 billion and cash and marketable securities of $10.5 billion provide strong liquidity
Backlog grew to $321 billion including $69 billion of new orders during the year
2011 EPS guidance of between $3.80 and $4.00 reflects solid core performance, higher pension expense and the recently revised 787 schedule
Table 1. Summary Financial Results
|Fourth Quarter||Change||Full Year||Change|
Earnings From Operations
Earnings per Share
Operating Cash Flow
CHICAGO, Jan. 26, 2011 The Boeing Company [NYSE: BA] reported fourth-quarter net income of $1.2 billion, or $1.56 per share, on revenue of $16.6 billion. The results reflect solid performance across the companys core programs, a favorable tax settlement (+$0.50 per share), and a special one-time contribution to Boeings charitable trust (-$0.05 per share) (Table 1).
Net income for the full year was $3.3 billion, or $4.45 per share, on revenue of $64.3 billion, which included the $0.45 per share net impact of the favorable tax settlement and the charitable trust contribution. First-quarter 2010 included a $0.20 per share tax charge on health care legislation. Earnings per share for 2009 of $1.84 included a combined $3.58 per share impact due to the 787 R&D reclassification and 747 charges.
The following information was filed by Boeing Co (BA) on Wednesday, January 26, 2011 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one year to another to evaluate Boeing Co's financial trajectory
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were
removed , and by Boeing Co.