01—Abstract
Summary
Summary of the 10-Q filed July 28, 2010. Cited figures are marked; the original filing is the authoritative source.
Boeing Company's (BA) 10-Q filing for the quarter ended June 30, 2010, reveals a company navigating a complex operating environment.
While specific financial figures for the quarter are not detailed in the provided text, the filing indicates robust operational activity across its core segments: Commercial Airplanes and Boeing Defense, Space & Security. Investors should note the company's ongoing focus on managing its liabilities, commitments, and contingencies, as well as its use of derivative financial instruments and fair value measurements to mitigate market risks. The report highlights Boeing's status as a large accelerated filer, underscoring its significant market presence.
The company's forward-looking statements section, though not elaborated here, typically provides insights into management's expectations regarding future performance and potential challenges. Investors should pay close attention to these statements in the full filing for a more comprehensive understanding of Boeing's strategic outlook and risk factors.
02—Key points
Key Highlights
- Boeing operates as a large accelerated filer, indicating its substantial size and market influence.
- The filing covers the quarterly period ending June 30, 2010, with financial statements and management discussion and analysis.
- Key operational segments include Commercial Airplanes and Boeing Defense, Space & Security.
- The report details disclosures related to liabilities, commitments, and contingencies.
- Information on share-based compensation and derivative financial instruments is provided.
- The company addresses market risk through quantitative and qualitative disclosures.
- The filing includes forward-looking statements which offer insights into future expectations and potential risks.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in Q2 FY2010, Boeing Co kept $0.05.
- Revenue$15.57B100.0%
- Cost of revenue−$12.54B80.5%
- Gross profit$3.03B19.5%
- Operating costs−$1.73B11.1%
- Operating income$1.31B8.4%
- Interest, other & tax−$520.0M3.3%
- Net income$787.0M5.1%
04—Financials
Financial Highlights
Figures from 10-QQ2 FY2010filed July 28, 2010Financial Statements
Q2 FY2010 against Q2 FY2009
| Line item | Q2 FY2010Q2 FY2009 | Change |
|---|---|---|
| Revenue | $15.57B$17.15B | −9.2% |
| Cost of Revenue | $12.54B-$13.81B | +190.8% |
| Gross Profit | $3.03B$3.35B | −9.4% |
| R&D Expenses | $1.00B$960.00M | +4.3% |
| Operating Income | $1.31B$1.53B | −14.5% |
| Net Income | $787.00M$998.00M | −21.1% |
| EPS (Basic) | $1.07$1.42 | −24.6% |
| EPS (Diluted) | $1.06$1.41 | −24.8% |
| Shares Outstanding (Basic) | 737.20M705.10M | +4.6% |
| Shares Outstanding (Diluted) | 742.90M707.40M | +5.0% |
05—Questions
Frequently Asked Questions
What were Boeing's key financial results for the quarter ending June 30, 2010?
The provided text is an index and summary of the 10-Q filing. Detailed financial results such as revenue, net income, and earnings per share for the quarter ending June 30, 2010, are found within the full financial statements and Management's Discussion and Analysis sections of the SEC filing, which are not fully detailed in this extract.
What are Boeing's main business segments?
Boeing's primary business segments discussed in this filing are Commercial Airplanes and Boeing Defense, Space & Security. There is also a segment for Boeing Capital Corporation and an 'Other Segment'.
What financial risks is Boeing managing?
Boeing is managing various financial risks, including those related to liabilities, commitments, and contingencies. They also utilize derivative financial instruments and fair value measurements to mitigate market risks.
Where can investors find information about Boeing's future outlook?
Investors can find information about Boeing's future outlook in the 'Forward-Looking Statements' section of the 10-Q filing, which offers management's expectations and potential challenges.
06—Continue