Boeing Fourth-Quarter Net Income More Than Doubles; EPS Outlook Raised
CHICAGO, Feb. 01, 2006 --
- Fourth-quarter net income more than doubled to $460 million, or $0.58 per share; revenue grew 7 percent despite impact of strikes
- Full-year EPS grew 39 percent to $3.20 on a 5 percent revenue increase
- Operating cash flow grew to a record $7.0 billion for the year, reflecting sales success and productivity improvements across the company
- Backlog climbed 33 percent to a record $202 billion
- EPS forecast for 2006 increased; 2007 outlook reflects commercial airplane market strength and company-wide growth and productivity initiatives