(PRNewswire) —
- Revenue of $24.3 billion, including a record 202 commercial aircraft deliveries
- GAAP EPS of $3.06 and core EPS (non-GAAP)* of $2.72 on solid execution
- Strong operating cash flow of $3.4 billion; repurchased 11 million shares for $2.5 billion
- Backlog remains robust at $474 billion, including nearly 5,700 aircraft in commercial airplane orders
- Cash flow and EPS guidance raised; segment guidance updated
|
Table 1. Summary Financial Results |
Third Quarter |
Nine Months |
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|
(Dollars in Millions, except per share data) |
2017 |
2016 |
Change |
2017 |
2016 |
Change |
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|
Revenues |
$24,309 |
$23,898 |
2% |
$68,024 |
$71,285 |
(5)% |
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|
GAAP |
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|
Earnings From Operations |
$2,689 |
$2,282 |
18% |
$7,248 |
$3,651 |
99% |
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|
Operating Margin |
11.1% |
9.5% |
1.6 Pts |
10.7% |
5.1% |
5.6 Pts |
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|
Net Earnings |
$1,853 |
$2,279 |
(19)% |
$5,065 |
$3,264 |
55% |
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|
Earnings Per Share |
$3.06 |
$3.60 |
(15)% |
$8.27 |
$5.04 |
64% |
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|
Operating Cash Flow |
$3,396 |
$3,202 |
6% |
$10,440 |
$7,667 |
36% |
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|
Non-GAAP* |
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|
Core Operating Earnings |
$2,373 |
$2,194 |
8% |
$6,294 |
$3,400 |
85% |
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|
Core Operating Margin |
9.8% |
9.2% |
0.6 Pts |
9.3% |
4.8% |
4.5 Pts |
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|
Core Earnings Per Share |
$2.72 |
$3.51 |
(23)% |
$7.26 |
$4.79 |
52% |
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* Non-GAAP measures. Complete definitions of Boeing's non-GAAP measures are on page 6, "Non-GAAP Measures Disclosures." |
