Boeing Reports Third-Quarter 2005 Results; Raises Outlook
-- Commercial Airplanes continues outstanding sales success; resolves IAM strike and is positioned to grow profitably in the up-cycle
-- Integrated Defense Systems delivers double-digit profitability driven by strong program performance and sale of Rocketdyne
-- EPS guidance for 2005 and 2006 increased
Financial Highlights:
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Earnings
- Q3: $1.26 per share, including $0.62 tax benefit; impact of IAM strike estimated at $0.25 - $0.30 per share
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Revenue
- Q3: $12.6 billion
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Operating Cash Flow
- Q3: $0.5 billion, after $1.4 billion discretionary contribution to pensions