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-05.05.25

Airborne-NextGen-05.06.25

AirborneUnlimited-05.07.25

Airborne-Unlimited-05.01.25

AirborneUnlimited-05.02.25

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

ANN FAQ: Follow Us On Instagram!

Get The Latest in Aviation News NOW on Instagram Are you on Instagram yet? It's been around for a few years, quietly picking up traction mostly thanks to everybody's new obsession >[...]

Classic Aero-TV: Innovation By Avilution – ‘Pilots Care About Results’

From 2019 (YouTube Edition): Panel Possibilities Range From LSA To eVTOL Aircraft For the most part, pilots care about the information being presented to them rather than how that >[...]

Aero-News: Quote of the Day (05.09.25)

"Flight testing demonstrated significant performance improvements with the Pathfinder-equipped Husky. Compared to the baseline Type Certificated 2-blade Hartzell propeller, the 3-b>[...]

ANN's Daily Aero-Term (05.09.25): Estimated (EST)

Estimated (EST) When used in NOTAMs “EST” is a contraction that is used by the issuing authority only when the condition is expected to return to service prior to the e>[...]

ANN's Daily Aero-Linx (05.09.25)

Aero Linx: Coalition of Airline Pilots Associations (CAPA) The Coalition of Airline Pilots Associations (CAPA) is the world’s largest pilot trade association representing ove>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.09.25: Frecce Tricolori MidAir, A6M3 Zero Returns, Houthis Bombed

Airborne Affordable Flyers 05.08.25: Blackshape Test, Risen, Alto NG Sells Out

Airborne 05.07.25: Talon A-2 Hypersonic, FIFI Under Repair, Spirit Furloughs

See All

Advertisement

Podcasts

Advertisement

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