Boeing Reports Fourth-Quarter and Full-Year 2004 Results; Updates Outlook

-- Integrated Defense Systems delivers strong revenue growth and profitability

-- Commercial Airplanes achieves 14% order growth; launches 787 program, winning 126 orders and commitments in eight months

Financial Highlights:

  • Earnings Per Share (EPS)
    • Q4:$0.23, including charges totaling $0.44 for the USAF 767 Tanker program and 717 shutdown
    • Full Year: $2.30
  • Revenue
    • Q4:$13.3 billion
    • Full Year: $52.5 billion
  • Operating Cash Flow
    • Full Year:$3.7 billion, after contributing $4.4 billion to pension plans

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