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More Boeing deliveries expected in 2017

Jan. 25, 2017 8:04 AM ETThe Boeing Company (BA) StockBABy: Yoel Minkoff, SA News Editor10 Comments
  • Core operating earnings of $2.06B, or $2.47 per share vs. $1.26B, or $1.60 per share in the same quarter a year ago.
  • Revenue by segment: Commercial Airplanes +1%; Military Aircraft -18%; Network & Space Systems -8%; Global Services & Support -8%.
  • Commercial Airplanes booked 288 net orders during Q4. Backlog remains strong with more than 5,700 airplanes valued at $416B.
  • During the quarter, the company repurchased 3.7M shares for $500M and paid $672M in dividends.
  • Outlook for 2017: Core EPS of $9.10-$9.30; Revenues of $90.5B-$92.5B; Commercial deliveries of 760-765 planes (compared to 748 in 2016).
  • BA +1.3% premarket
  • Q4 results

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