Boeing reports fourth-quarter results and provides 2017 guidance

Boeing has reported fourth-quarter revenue of $23.3 billion with GAAP earnings per share of $2.59 and core earnings per share (non-GAAP) of $2.47. Revenue was $94.6 billion for the full year due to strong commercial deliveries and services growth across the company. Revenue guidance for 2017 is between $90.5 and $92.5 billion, including increased commercial deliveries of between 760 and 765. Operating cash flow is expected to increase by approximately $250 million to $10.75 billion and capital expenditures are expected to decline by approximately $300 million to $2.3 billion. “With solid fourth quarter operating performance and a sharp strategic focus,