10-QPeriod: Q3 FY2008

BOEING CO Quarterly Report for Q3 Ended Sep 30, 2008

Filed October 22, 2008For Securities:BABA-PA

Summary

Boeing's Q3 2008 10-Q filing reveals a period of mixed performance as the company navigates economic uncertainties and ongoing program developments. While specific financial figures for revenue and profit are not detailed in this excerpt, the report indicates a focus on operational execution across its Commercial Airplanes and Integrated Defense Systems segments. Investors should pay close attention to the company's management discussion and analysis for insights into segment performance, liquidity, and potential risks. The filing highlights the company's commitment to managing its financial condition, including liquidity and capital resources, and addresses market risk. It also discloses important information regarding off-balance sheet arrangements, contingent obligations, and ongoing legal proceedings, all of which are critical for a comprehensive understanding of Boeing's financial health and future outlook.

Financial Highlights

28 data points
Beta

Revenue

$15.29B

18.0% Gross Margin

Net Income

$695.00M

4.5% Net Margin

EPS (Diluted)

$0.96

Cash & Equivalents

$4.19B

Free Cash Flow

-$864.00M

Financial Statements
Beta
Revenue$15.29B
Cost of Revenue$12.54B
Gross Profit$2.75B
R&D Expenses$937.00M
Operating Income$1.15B
Net Income$695.00M
EPS (Basic)$0.97
EPS (Diluted)$0.96
Shares Outstanding (Diluted)721.90M

Key Highlights

  • 1The report covers the financial performance for the period ending September 29, 2008, filed on October 21, 2008.
  • 2Key financial statements include Consolidated Statements of Operations, Financial Position, Cash Flows, and Shareholders' Equity.
  • 3Boeing's business is analyzed across its major segments: Commercial Airplanes and Integrated Defense Systems, with a separate section for Boeing Capital Corporation.
  • 4Management's Discussion and Analysis (MD&A) provides insights into consolidated operating results, liquidity, capital resources, and off-balance sheet arrangements.
  • 5The filing addresses market risk through quantitative and qualitative disclosures.
  • 6Important notes detail the basis of presentation, earnings per share, income taxes, inventories, postretirement plans, share-based compensation, legal proceedings, and fair value of financial instruments.
  • 7Risk factors and legal proceedings are detailed in Part II, offering a look into potential challenges and ongoing litigation.

Frequently Asked Questions

This 10-Q filing provides a snapshot of Boeing's financial condition as of September 29, 2008. While the excerpt doesn't provide specific profit or revenue numbers, it details the company's financial statements, segment performance discussions, liquidity, and capital resources. Investors would need to review the full financial statements and MD&A sections for a complete picture of profitability and cash flow for the quarter.

The report breaks down performance by its two primary segments: Commercial Airplanes and Integrated Defense Systems. It also includes information on Boeing Capital Corporation. The Management's Discussion and Analysis section is where investors can find detailed commentary on the operating results and factors influencing performance within each of these segments during the quarter.

Yes, the filing explicitly addresses 'Risk Factors' and 'Legal Proceedings' in Part II. Investors should review these sections carefully as they outline potential challenges the company faces, including ongoing litigation, which could have a material impact on financial results and operations.

The 'Liquidity and Capital Resources' section within the Management's Discussion and Analysis is dedicated to explaining how Boeing manages its cash, debt, and investments. This would detail the company's ability to meet its short-term and long-term financial obligations and fund its operations and capital expenditures.