Bombardier fourth-quarter earnings, revenue top Wall Street estimates

Bombardier Inc. said Thursday fourth-quarter net income rose to $218 million, or 12 cents a share from $112 million, or 6 cents a share in the same quarter a year ago.

The Canadian aerospace group said revenue for the three months rose to $5.3 billion from $4.4 billion a year ago.

The mean estimate of analysts polled by Thomson Financial was for earnings of 8 cents on revenue of $4.85 billion.

As of January 31, the company said its order backlog stood at $53.6 billion compared to $40.7 billion as of the end of January 2007.

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- Posted: 2008-04-03 08:56:28

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