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Earnings Slide At Boeing On Higher Taxes, Still Top Estimates; Dreamliner Woes Don’t Factor In Outlook

Defense Daily Staff Defense Daily Staff
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Boeing [BA] yesterday reported a sharp drop in fourth quarter earnings due to an unfavorable comparison with a year ago when the company benefited from a large tax benefit but the results easily beat consensus estimates. And despite a halt of deliveries of its 787 Dreamliner passenger plane due to a federal investigation into battery fires on two aircraft that have led to a grounding of the aircraft, Boeing introduced its 2013 financial outlook, saying it contains no significant impact…

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