Boeing 3Q report

CHICAGO – The Boeing Company’s third-quarter net income declined 38 percent, to $695 million, while earnings per share declined 33 percent to $0.96 per share, both reflecting an ongoing machinists' strike and supplier production challenges. Those items reduced third-quarter commercial airplane deliveries by about 35 units and net earnings by an estimated $0.60 per share. Revenues for the quarter declined 7 percent, to $15.3 billion. (Source: PRNewswire, 10/22/08)