Jim Cramer Blog

- 2007 revenues rose 8 percent to $66.4 billion
- Full-year net income increased 84 percent to $4.1 billion while EPS grew to $5.28 per share, driving cash flow to $9.6 billion
- Fourth-quarter EPS grew to $1.36 per share on revenue of $17.5 billion
- Backlog reached a record $327 billion
- 2008 EPS guidance raised to between $5.70 and $5.85 per share
Table 1. Summary Financial Results
(Millions, except 4th Quarter Full Year per share data) 2007 2006 Change 2007 2006 Change
Revenues $17,477 $17,541 (0%) $66,387 $61,530 8% Earnings From Operations $1,516 $1,152 32% $5,830 $3,014 93% Operating Margin 8.7% 6.6% 2.1 Pts 8.8% 4.9% 3.9 Pts Reported Net Income $1,033 $989 4% $4,074 $2,215 84% Reported Earnings per Share $1.36 $1.29 5% $5.28 $2.85 85% Adjusted Earnings per Share * $1.35 $1.30 4% $5.26 $3.83 37% Operating Cash Flow $1,893 $2,441 (22%) $9,584 $7,499 28%
* Non-GAAP measure. A complete definition of Boeing's use of non-GAAP measures, identified by an asterisk (*), is found on page 8, "Non-GAAP Measure Disclosure." A complete reconciliation to reported EPS is attached to this release.

Labels: BA, Boeing Co.