Boeing (BA) Tops Q4 EPS by $10.37, Beats on Revenue; Offers Update
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Revenue Growth %: +5.2%
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Earnings from operations: 2.28B
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Boeing (NYSE: BA) reported Q4 EPS of $9.92, $10.37 better than the analyst estimate of ($0.45). Revenue for the quarter came in at $23.9 billion versus the consensus estimate of $22.4 billion.
Q4 earnings reflect $9.6 billion gain on sale associated with closing the Digital Aviation Solutions transaction.
During the quarter, the 737 program increased the production rate to 42 per month and received approval from the Federal Aviation Administration to begin the final phase of 737-10 certification flight testing. The 787 program began transitioning production to eight per month and remains focused on stabilizing at that rate. In the quarter, the 777X program began the Type Inspection Authorization 3 phase of 777-9 certification flight testing, and the company still anticipates first delivery in 2027.
Commercial Airplanes booked 336 net orders in the quarter, including 105 737-10 and 5 787-9 airplanes for Alaska Airlines and 65 777-9 airplanes for Emirates. Commercial Airplanes delivered 160 airplanes and backlog included over 6,100 airplanes valued at a record $567 billion.
For earnings history and earnings-related data on Boeing (BA) click here.
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