Boeing Posts Quarterly Loss on Strike Impact and Charges
- 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
CHICAGO, Jan. 28, 2009 --
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