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Boeing 4th Quarter Results: What's Expected?  
User currently offlineTUIflyer From United Kingdom, joined Jan 2008, 206 posts, RR: 0
Posted (6 years 10 months 4 weeks 20 hours ago) and read 1654 times:

'Aircraft manufacturer Boeing has annonced it will publish it's fourth quarter 2007 financial results on January 30th in what has been a record year for the company.

Chairman, President and CEO Jim McNerney and Executive Vice President and CFO James Bell will discuss the results and the company outlook for 2008. Boeing is expected to advise 'caution' for 2008 as airlines face up to crippling fuel costs and overcapacity.'

http://www.letsfindaflight.com/page_1181845192626.html

Are any surprises expected in the fourth quarter results? And will the outlook for 2008 be all doom and gloom? Will the 787 be mentioned?

TUIflyer


Don't just travel, travel with a smile. . .
8 replies: All unread, jump to last
 
User currently offlineSxf24 From United States of America, joined Aug 2007, 1262 posts, RR: 0
Reply 1, posted (6 years 10 months 4 weeks 18 hours ago) and read 1620 times:



Quoting TUIflyer (Thread starter):
Are any surprises expected in the fourth quarter results? And will the outlook for 2008 be all doom and gloom? Will the 787 be mentioned?

No, no and yes.

As mentioned earlier in your post it was a record year and there is no reason for the earnings to not fully reflect that.


User currently offlineStitch From United States of America, joined Jul 2005, 31412 posts, RR: 85
Reply 2, posted (6 years 10 months 4 weeks 17 hours ago) and read 1611 times:
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I expect they should result very strong earnings, thanks to strong deliveries. 2008's overall figures will likely track close to 2007's, since the only thing they won't be getting are the 787 deliveries which they didn't get in 2007 either.

So I expect Boeing will likely announce that 1H2008 financials will track relatively to original plan and then 2H2008 will come in a few billion below plan as income is moved to 2009, instead. Mind you, 2008 should still be a fantastic year for Boeing thanks to all the 737s, 747s, 767s and 777s they will be delivering.


User currently offlineSxf24 From United States of America, joined Aug 2007, 1262 posts, RR: 0
Reply 3, posted (6 years 10 months 4 weeks 15 hours ago) and read 1573 times:



Quoting Stitch (Reply 2):
So I expect Boeing will likely announce that 1H2008 financials will track relatively to original plan and then 2H2008 will come in a few billion below plan as income is moved to 2009, instead. Mind you, 2008 should still be a fantastic year for Boeing thanks to all the 737s, 747s, 767s and 777s they will be delivering.

A few billion? I don't think they were planning to deliver that many 787s in 2008.


User currently offlineStitch From United States of America, joined Jul 2005, 31412 posts, RR: 85
Reply 4, posted (6 years 10 months 4 weeks 15 hours ago) and read 1561 times:
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Quoting Sxf24 (Reply 3):
A few billion? I don't think they were planning to deliver that many 787s in 2008.

Depends on what each 787 delivery and progress payment brings in, I imagine. But even 40 deliveries bringing in $50 million apiece in progress and delivery payments would be $2 billion.


User currently offlineTUIflyer From United Kingdom, joined Jan 2008, 206 posts, RR: 0
Reply 5, posted (6 years 10 months 4 weeks 14 hours ago) and read 1531 times:



Quoting Stitch (Reply 4):
Depends on what each 787 delivery and progress payment brings in, I imagine. But even 40 deliveries bringing in $50 million apiece in progress and delivery payments would be $2 billion.

In the next year? I predict a small increase in earnings like others have said, does anybody know of any significant 787 announcements?

TUIflyer



Don't just travel, travel with a smile. . .
User currently offlineStitch From United States of America, joined Jul 2005, 31412 posts, RR: 85
Reply 6, posted (6 years 10 months 4 weeks 13 hours ago) and read 1523 times:
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Quoting TUIflyer (Reply 5):
I predict a small increase in earnings like others have said, does anybody know of any significant 787 announcements?

Other then none will be delivered in 2008? No.


User currently offlineTUIflyer From United Kingdom, joined Jan 2008, 206 posts, RR: 0
Reply 7, posted (6 years 10 months 4 weeks 10 hours ago) and read 1495 times:



Quoting Stitch (Reply 6):
Other then none will be delivered in 2008? No.

I know its a hard question to answer, but what does the future hold for Boeing in 2008 and will their be anymore 787 delays?

TUIfly



Don't just travel, travel with a smile. . .
User currently offlineStitch From United States of America, joined Jul 2005, 31412 posts, RR: 85
Reply 8, posted (6 years 10 months 4 weeks 10 hours ago) and read 1492 times:
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Quoting TUIflyer (Reply 7):
I know its a hard question to answer, but what does the future hold for Boeing in 2008 and will their be anymore 787 delays?

Well 2008 should see ~450 deliveries of the 737, 747, 767 and 777 so revenues and free cash flow should remain fantastic. Margins will also be nice.

As to additional 787 delays, that is all predicated in how fast they can get LN001 assembled so they can then do the same with LN002-LN006 and get them into the flight-test and certification program. Boeing principles say they now have a firm foundation to gauge the amount of time it will take to complete LN001's work which will by extension give them a firm foundation on how long it will take to get LN002-LN006's work done. They will be able to do the cold-weather testing and certification in the winter of 2008 so assuming they can get their Type and Production Certificates in late 2008, they can start serial deliveries of the planes already completed (LN0007-LNxxx) in January.


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