AEW Capital Management

CHICAGO, Jan. 25, 2012 /PRNewswire-FirstCall/ -- Fourth-Quarter 2011 Earnings per share rose to $1.84, driven by strong core performanceEPS includes favorable tax settlement of $0.52 compared with $0.50 in 2010Revenue rose to $19.6 billion on increased commercial airplane deliveriesFull Year 2011 Earnings per share increased 20 percent to $5.34 on record revenue of $68.7 billionOperating cash flow increased 36 percent to $4.0 billionBacklog grew to a record $356 billion including $103 billion of orders during the year Outlook for 2012 EPS guidance of between $4.05 and $4.25 reflects strong operating performance offset by $0.83 of higher pension expenseRevenue guidance established at between $78 and $80 billionOperating cash flow guidance set at greater than $5.0 billion includes $1.5 billion of discretionary pension contributionsTable 1.  Summary Financial Results Fourth Quarter Full Year (Dollars in Millions, except per share data) 2011 2010 Change 2011 2010 Change Revenues $19,555 $16,550 18% $68,735 $64,306 7% Earnings From Operations $1,597 $1,103 45% $5,844 $4,971 18% Operating Margin 8.2% 6.7% 1.5 Pts 8.5% 7.7% 0.8 Pts Net Income $1,393 $1,164 20% $4,018 $3,307 21% Earnings per Share $1.84 $1.56 18% $5.34 $4.45 20% Operating Cash Flow $2,931 $1,116 NM $4,023 $2,952 36% The Boeing Company (NYSE: BA) reported fourth-quarter net income rose ...