Outlook
The company's 2017 guidance is updated below (Table 8).
|
Table 8. 2017 Financial Outlook |
Current |
Prior |
|
|
(Dollars in Billions, except per share data) |
Guidance |
Guidance |
|
|
The Boeing Company |
|||
|
Revenue |
$90.5 - 92.5 |
$90.5 - 92.5 |
|
|
GAAP Earnings Per Share |
$11.20 - 11.40 |
$11.10 - 11.30 |
|
|
Core Earnings Per Share* |
$9.90 - 10.10 |
$9.80 - 10.00 |
|
|
Operating Cash Flow |
~$12.5 |
~$12.25 |
|
|
Commercial Airplanes |
|||
|
Deliveries |
760 - 765 |
760 - 765 |
|
|
Revenue |
$55.5 - 56.5 |
N/A |
|
|
Operating Margin |
9.0% - 9.5 |
N/A |
|
|
Defense, Space & Security |
|||
|
Revenue |
$20.5 - 21.5 |
N/A |
|
|
Operating Margin |
>10.5% |
N/A |
|
|
Global Services |
|||
|
Revenue |
$14.0 - 14.5 |
N/A |
|
|
Operating Margin |
15.0% - 15.5 |
N/A |
|
|
Boeing Capital |
|||
|
Portfolio Size |
Stable |
Stable |
|
|
Revenue |
~$0.3 |
~$0.3 |
|
|
Pre-Tax Earnings |
~$0.08 |
~$0.08 |
|
|
Research & Development |
~ $3.4 |
~ $3.6 |
|
|
Capital Expenditures |
~ $2.0 |
~ $2.0 |
|
|
Pension Expense 1 |
~ $0.6 |
~ $0.6 |
|
|
Effective Tax Rate |
~ 28.5% |
~ 29.0% |
|
1 Approximately ($1.0) billion is expected to be recorded in unallocated items and eliminations |
|
* Non-GAAP measures. Complete definitions of Boeing's non-GAAP measures are on page 6, "Non-GAAP Measures Disclosures." |
