Monday, March 10, 2008

Boeing Reports Record Revenues, Earnings, Cash Flow & Backlog for 2007

Boeing Reports Record Revenues, Earnings, Cash Flow & Backlog for 2007

  • 2007 revenues rose 8 percent to $66.4 billion
  • Full-year net income increased 84 percent to $4.1 billion while EPS grew to $5.28 per share, driving cash flow to $9.6 billion
  • Fourth-quarter EPS grew to $1.36 per share on revenue of $17.5 billion
  • Backlog reached a record $327 billion
  • 2008 EPS guidance raised to between $5.70 and $5.85 per share

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