Boeing Reports Second-Quarter EPS of $1.35 and Raises 2007 Outlook
- Second-quarter revenues rose 14 percent to $17.0 billion on higher airplane deliveries
- Net income grew to $1.1 billion and EPS increased to $1.35 per share on higher volume and productivity gains
- Operating cash flow increased 49 percent to $3.6 billion
- Backlog expanded to a record level of $279 billion
- 2007 revenue, EPS, and cash flow guidance increased on stronger commercial airplanes outlook, more than offsetting higher R&D forecast
CHICAGO, July 25, 2007 --
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