Boeing Profit Soars on One-Time Items

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From: Bill Hough



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Boeing Profit Soars on One-Time Items
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Quarterly net income jumps to $590 million, but operating earnings fall. Year's forecast is cut.

By Peter Pae
Times Staff Writer

January 31 2003

Boeing Co. reported Thursday sharply higher fourth-quarter earnings, but the upswing was the product of a large write-off the prior year, and it belied continuing problems at the company's commercial aircraft and satellite businesses.

The complete article can be viewed at:
http://www.latimes.com/la-fi-boeing31jan31,0,6069066.story

Visit Latimes.com at http://www.latimes.com

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