Boeing Records Strong 2011 Finish | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Sun, Jan 29, 2012

Boeing Records Strong 2011 Finish

But 2012 Guidance On Pension Costs Surprises Analysts

Boeing released 2011 Q4 financials Wednesday, and the news was mixed. Despite a long, deep recession, the company's order backlog allowed fourth-quarter net income to rise to $1.4 billion, or $1.84 per share, on revenue of $19.6 billion. But the company also warned that pensions costs higher than anticipated by analysts will create a headwind for 2012.

The company projects pension expenses to be 83 cents per share. Kenneth Herbert, an analyst with Wedbush Securities, told Reuters, "People had been expecting the pension expense was going to go up, but the amount of the increase was more than I was looking for. I was looking for something in the range of 50 cents."

Overall, Boeing predicts 2012 revenue of $78 billion, and forecasts earnings to be in the range of $4.05 to $4.25 per share. That falls well below analyst estimates which have been close to $5/share. Boeing's share price were relatively flat on the mixed news.

FMI: http://boeing.mediaroom.com/index.php?s=43&item=2112

Advertisement

More News

KidVenture Educational Activities Lineup At EAA AirVenture 2025

Youth Explore With Hands-On Builds, RC Airplanes, Flight Sims, Much More KidVenture is located just north of the EAA Aviation Museum, at Pioneer Airport, and has arranged a myriad >[...]

Aero-News: Quote of the Day (07.07.25)

“About nine decades ago, Amelia Earhart was recruited to Purdue, and the university president later worked with her to prepare an aircraft for her historic flight around the >[...]

Airborne 07.07.25: Sully v Bedford, RAF Vandalism, Discovery Moving?

Also: New Amelia Search, B737 Flap Falls Off, SUN ‘n FUN Unveiling, F-16 Record Captain Sully Sullenberger, the pilot who saved 155 people by safely landing an A320 in the Hu>[...]

Aero-News: Quote of the Day (07.08.25)

"It is critically important for North American flight safety that Temporary Flight Restriction (TFR) violations are avoided. All pilots must familiarize themselves with updates to >[...]

Airborne-NextGen 07.08.25: Joby in Dubai, Army Electra, Archer iin Abu Dhabi

Also: Hackers v Aviation, Discovery Moving?, Gogo Galileo HDX, EVE to Costa Rica Joby Aviation announced its electric air taxi successfully completed a series of VTOL wingborne tri>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC