Boeing Q4 Earnings: 2016 May Not Be As Record Breaking As 2015, But Future Still Bright

Boeing announced its fourth quarter earnings on Wednesday, January 27th. Revenue and earnings for the quarter beat analyst estimates but fell a bit short of the prior year. This was primarily because Boeing incurred a charge of $569 million in the quarter for halving the production of its 747-8 variant as cargo demand continues to weaken. On the upside, however, 2015 overall was a great year for the company. Boeing Commercial Airplanes posted a strong $66 billion in revenues (a 10% increase over...