Wednesday, July 22, 2009

Boeing 2Q report

CHICAGO - The Boeing Company's second-quarter revenues rose 1 percent to $17.2 billion, while earnings per share rose 22 percent to $1.41. Operating cash flow increased to $1 billion. The company also reported a backlog of $328 billion, nearly five times current annual revenues. (Source: Boeing via PRNewswire, 07/22/09) Gulf Coast note: Boeing has operations along the Gulf Coast.