Boeing: Dreamliner woes won't hit earnings

Boeing said it expects no hits to its 2013 financial results from the problems with the Dreamliner.

NEW YORK (CNNMoney)

The aircraft maker said it still intends to build more than 60 of the Dreamliners this year, which suggests no slower pace than the five jets a month it is now building. But the pace could be slower than the seven to ten jets a month it had originally projected to build later this year.

Boeing said it will continue to work with federal investigators to find a cause of battery fires and electrical problems that prompted the Federal Aviation Administration to ground the Dreamliners on Jan. 16.

"Our first order of business for 2013 is to resolve the battery issue on the 787 and return the airplanes safely to service with our customers," said the company's earnings statement.

Related: Authorities find no problems with Dreamliner's battery maker

Boeing said it expects full-year core earnings to rise 5%, which is roughly in line with analysts' current forecasts.

For the fourth quarter of 2012, Boeing said it earned $978 million, down 30% from a year earlier, but slightly better than analysts' forecasts. Revenue rose 2% to $22.3 billion, roughly in line with expectations.

Shares of Boeing (BA, Fortune 500) rose1% in premarket trading on the announcement.

First Published: January 30, 2013: 7:59 AM ET

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