Boeing Posts Quarterly Loss on Strike Impact and Charges

Boeing Posts Quarterly Loss on Strike Impact and Charges
January 28, 2009

Fourth-quarter revenues declined to $12.7 billion from $17.5 billion as labor strike pushed airplane deliveries out of the quarter

Fourth-quarter EPS declined to loss of $0.08 per share, reduced by an estimated total of $1.79 due to strike, 747 charge and litigation-related reserve

Backlog grew 8 percent in 2008 to a record $352 billion

2009 EPS guidance of $5.05 to $5.35 underpins a solid foundation in challenging times

Technorati Tags:
Boeing (NYSE:BA), Financial Results, Q4 Fourth Quarter