Dow Jones Industrial Average component said it expects to
deliver 740-745 planes in 2016, its centenary year.
Boeing delivered 762 jetliners in 2015, exceeding its target of
755 to 760 planes.
The company said it expects 2016 core earnings, which exclude
some pension and other costs, to be between $8.15 and $8.35 per
Analysts on average were expecting $9.43 per share, according to
Thomson Reuters I/B/E/S.
The world's largest jetliner maker's net income fell to $1.03
billion, or $1.51 per share, in the fourth quarter ended Dec.
31, from $1.47 billion, or $2.02 per share, a year earlier.
Core earnings fell to $1.60 per share from $2.31.
The company said last week it would cut production of its 747-8
jumbo jet in half and take a $569 million charge in the fourth
Revenue fell about 4 percent to $23.57 billion.
(Reporting by Sweta Singh and Ankit Ajmera in Bengaluru; Editing
by Sriraj Kalluvila)
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