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The situation seemed impossible

The Boeing Company (NYSE: BA) reported record fourth quarter revenue of $22.3 billion (Table 1) and core operating earnings (non GAAP) that increased by 9 percent to $1.8 billion, driven by strong performance across the company’s businesses and higher deliveries of commercial airplanes. Fourth quarter 2012 core earnings per share (non GAAP) of $1.46 increased 4 percent from the same period last year when excluding a $0.52 per share impact related to a favorable tax settlement recognized in the fourth quarter 2011. The company reported fourth quarter earnings from operations of $1.6 billion and earnings per share of $1.28..

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