On April 25, Boeing
- Boeing exceeded first-quarter analyst expectations, earning $0.88 during the quarter on sales of $14.3 billion.
- The company reported an increase of 42% in its backlog, to $213 billion, reflecting over 1,000 airplane orders in 2005 and 176 orders received during this quarter.
- Boeing reaffirmed its previous guidance for 2006 and 2007, with 2006 revenue expected to be $60 billion, and 2007 revenue expected to be between $63.5 billion and $64.5 billion. EPS for 2006 is expected to be between $3.25 and $3.45, and 2007 EPS is forecasted to be between $4.10 and $4.30.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q1 2006 |
Q1 2005 |
% Change |
|
|---|---|---|---|---|
|
Sales |
$1,453 |
$14,264 |
$12,681 |
12.5 |
|
Net Profit |
-- |
$692 |
$535 |
29.3 |
|
EPS |
$0.76 |
$0.88 |
$0.66 |
33.3 |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2006 |
Q1 2005 |
% Change |
|
|---|---|---|---|
|
Gross Margin |
20.05% |
18.12% |
1.93 |
|
Op. Margin |
7.96% |
5.99% |
1.96 |
|
Net Margin |
4.85% |
4.22% |
0.63 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q1 2006 |
Q1 2005 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$7,357 |
$3,497 |
110.4 |
|
Inventory |
$7,627 |
$6,079 |
25.5 |
|
Accounts Rec. |
$5,019 |
$5,316 |
(5.6) |
|
Liabilities |
Q1 2006 |
Q1 2005 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
$9,057 |
$10,782 |
(16) |
|
Accounts Pay. |
$16,719 |
$15,338 |
(9) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q1 2006 |
Q1 2005 |
% Change |
|
|---|---|---|---|
|
Cash From Ops |
$2,055 |
$1,405 |
+46.3% |
|
Capital Expend. |
$412 |
$278 |
+48.2% |
|
Free Cash Flow |
$1,643 |
$1,127 |
+45.8% |
Find out why Fools always follow the money.
Related Companies:
-
Alliant Techsystems
(NYSE:ATK) -
Analex Corp
(AMEX:NLX) -
Embraer
(NYSE:ERJ) -
Lockheed Martin
(NYSE:LMT) -
Northrop Grumman
(NYSE:NOC) -
Raytheon
(NYSE:RTN)
Related Links:
Embraer is a Motley Fool Stock Advisor pick. Take the newsletter dedicated to the best of David and Tom Gardner's picks for afree 30-day test drive.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
At the time of publication, Shruti Basavaraj owned no shares of any company mentioned above. Fool rules are here.
