Boeing beats by $0.04, beats on revs; lowers FY08 rev guidance but raises FY08 EPS guidance (BA) 80.96 : Reports Q4 (Dec) earnings of $1.36 per share, $0.04 better than the First Call consensus of $1.32; revenues fell 0.4% year/year to $17.48 bln vs the $17.33 bln consensus. Co lowers its FY08 revenue guidance slightly to $67-68 bln, down from prior guidance of $67.5-68.5 bln and vs $69.6 bln consensus due to the 787 delay.
Co raises FY08 EPS guidance to $5.70-5.85 from $5.55-5.75, as productivity gains are being realized ahead of earlier plans, however it's still below consensus of $5.95.
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