Boeing reported record Q4/14 revenue of $24.5 billion on higher deliveries and core earnings per share that increased 23% to $2.31, reflecting strong performance across the company. Analysts? polled by Thomson Financial has expected EPS of $2.11.

“Strong operating performance in the final quarter of 2014 propelled us to some of our best-ever results and sealed a fifth consecutive year of core operating earnings growth.” said Boeing chairman and CEO Jim McNerney. “Our Commercial Airplanes business successfully increased production rates and set an industry record for annual deliveries while also growing its backlog to new highs on record new orders for the year,” McNerney added.

Boeing said Commercial Airplanes booked 432 net orders during the quarter with a record 1,432 orders in 2014. Backlog remains strong with nearly 5,800 airplanes valued at a record $440 billion.

Boeing noted at quarter-end 2014, Boeing Capital’s net portfolio balance was $3.5 billion. Revenues for Q4/14 and full-year of $153 million and $416 million, respectively were up from $105 million and $408 million for the same periods in 2013. Earnings from operations of $26 million and $92 million in Q4/14 and full-year, respectively compared to $9 million and $107 million for the prior year periods.

To view the full Boeing news release, click here.