01—Abstract
Summary
Summary of the 10-Q filed October 21, 2009. Cited figures are marked; the original filing is the authoritative source.
Boeing Company's (BA) third-quarter 2009 report indicates a continued focus on both its Commercial Airplanes and Integrated Defense Systems segments.
While specific financial performance details like revenue and net income for the quarter are not explicitly detailed in this overview, the filing highlights ongoing operations and strategic developments. Investors should pay close attention to the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section for a deeper understanding of segment performance, liquidity, and any potential risks or contingent obligations that could impact the company's future financial health.
02—Key points
Key Highlights
- The report covers the quarterly period ended September 30, 2009, with the filing date on October 20, 2009.
- Boeing is classified as a large accelerated filer.
- As of October 16, 2009, Boeing had 726,599,064 shares of common stock issued and outstanding.
- The filing includes unaudited condensed consolidated financial statements, detailing operations, financial position, cash flows, and shareholders' equity.
- Detailed business segment data for Commercial Airplanes, Integrated Defense Systems, Boeing Capital Corporation, and 'Other' are presented.
- The report addresses liquidity and capital resources, off-balance sheet arrangements, and contingent obligations.
- Risk factors and legal proceedings are disclosed, providing insights into potential challenges and liabilities.
03—One dollar
Follow one dollar
For each $1.00 of revenue in Q3 FY2009, Boeing Co lost $0.09.
- Revenue$16.69B100.0%
- Cost of revenue−$14.48B86.8%
- Gross profit$2.21B13.2%
- Operating costs−$4.36B26.1%
- Operating income−$2.15B12.9%
- Interest, other & tax$587.0M3.5%
- Net income−$1.56B9.4%
04—Financials
Financial Highlights
Figures from 10-QQ3 FY2009filed October 21, 2009Financial Statements
Q3 FY2009 against Q3 FY2008
| Line item | Q3 FY2009Q3 FY2008 | Change |
|---|---|---|
| Revenue | $16.69B$15.29B | +9.1% |
| Cost of Revenue | -$14.48B$12.54B | −215.5% |
| Gross Profit | $2.21B$2.75B | −19.8% |
| R&D Expenses | $3.57B$937.00M | +281.4% |
| Operating Income | -$2.15B$1.15B | −287.5% |
| Net Income | -$1.56B$695.00M | −325.0% |
| EPS (Basic) | $-2.23$0.97 | −329.9% |
| EPS (Diluted) | $-2.23$0.96 | −332.3% |
| Shares Outstanding (Basic) | 701.30M— | — |
| Shares Outstanding (Diluted) | 701.30M721.90M | −2.9% |
05—Questions
Frequently Asked Questions
What were Boeing's key financial performance indicators for the third quarter of 2009?
While the provided excerpt outlines the structure of the 10-Q filing, it does not contain specific figures for revenue, net income, or earnings per share for the third quarter of 2009. Investors will need to refer to the 'Condensed Consolidated Statements of Operations' and the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' within the full filing for this detailed financial performance data.
How is Boeing's business segmented, and what is the importance of this segmentation for investors?
Boeing's business is primarily segmented into 'Commercial Airplanes' and 'Integrated Defense Systems', with additional segments for 'Boeing Capital Corporation' and 'Other'. Understanding the performance of each segment is crucial for investors as it allows for a more nuanced assessment of the company's revenue streams, profitability drivers, and strategic focus, and helps identify areas of growth or potential concern.
What are the main risks and contingencies that Boeing disclosed in this filing?
The filing indicates that Boeing addresses 'Contingent Obligations', 'Off-Balance Sheet Arrangements', and 'Risk Factors' within its report. These sections are vital for investors to understand potential future liabilities, contractual commitments, and external factors that could materially impact the company's financial condition and future results.
Are there any significant acquisitions or divestitures mentioned in this report?
Note 2 of the financial statements is titled 'Acquisition', suggesting that at least one acquisition was a relevant event during the reporting period. Investors should consult this note for details regarding the nature, financial impact, and strategic rationale of any acquisitions made by Boeing.
06—Continue