Summary
Boeing's second-quarter 2009 report reveals a company navigating a challenging economic environment, with a focus on managing its significant defense and commercial airplane segments. While the company's substantial order backlog in commercial airplanes provides some visibility, the overall economic downturn likely impacts future order rates and delivery schedules. Investors should pay close attention to the company's liquidity position and its ability to manage costs and operational execution across its diverse business units. The report also highlights ongoing legal proceedings and various risk factors that could affect future performance.
Financial Highlights
49 data pointsBeta
Financial Statements
Beta
| Revenue | $17.15B |
| Cost of Revenue | -$13.81B |
| Gross Profit | $3.35B |
| R&D Expenses | $960.00M |
| Operating Income | $1.53B |
| Net Income | $998.00M |
| EPS (Basic) | $1.42 |
| EPS (Diluted) | $1.41 |
| Shares Outstanding (Basic) | 705.10M |
| Shares Outstanding (Diluted) | 707.40M |
Key Highlights
- 1Boeing reported financial results for the quarter ended June 30, 2009, amid a dynamic global economic climate.
- 2The company maintains a strong position in its core segments: Commercial Airplanes and Integrated Defense Systems, which are critical to its revenue generation.
- 3Significant order backlogs in the Commercial Airplanes division offer a degree of revenue predictability, but are subject to market conditions and potential deferrals.
- 4The Integrated Defense Systems segment likely benefits from long-term government contracts, providing a more stable revenue stream.
- 5The report details the company's liquidity and capital resources, a key concern for investors during economic uncertainty.
- 6Boeing addresses various commitments, contingencies, and off-balance sheet arrangements, which require careful investor scrutiny.
- 7The filing includes disclosures on market risk and controls and procedures, reflecting ongoing efforts in corporate governance and risk management.