The Boeing Co. (BA – Free Report) is set to release fourth-quarter and full-year 2017 results before the opening bell on Jan 31.

The company’s results in the to-be-reported quarter are anticipated to be primarily driven by constant contract wins along with higher jet deliveries. Meanwhile a solid cash generating capability also boosts this aerospace giant’s growth.

Let’s take a detailed look at the factors influencing Boeing’s quarterly results.

Slew of Contract Wins — Key Catalyst

Being largest aircraft manufacturer and one of the largest aerospace and defense contractors in the United States, Boeing enjoys a solid inflow of contracts from both Pentagon as well as foreign allies, courtesy its varied product offerings.

Markedly, the company received a number of big orders for its commercial jets in the fourth quarter including a $27-billion order from flydubai for 225 737 MAX jets and an $11-billion contract from Avolon for 75 737-MAX airplanes. Again, it sealed a deal worth $15.1 billion for delivering 40 787-10 Dreamliners to Emirates.

Among the defense contracts won in the fourth quarter, the significant ones include a $6-billion deal for procuring 36 F-15QA aircraft for the Qatar Emiri Air Force. Boeing also clinched a contract worth $1.2-billion modification contract for manufacturing and delivering 10 full-rate production P-8A aircraft. The company won a contract worth $240 million for the Royal Saudi Air Force airborne warning and control system (AWACS) modernization program phase 1.

Thus, it goes without saying that such steady inflow of contract wins will surely boost Boeing’s quarterly sales. Evidently, the Zacks Consensus Estimate for the company’s fourth-quarter sales is pegged at $24.83 billion, reflecting a year-over-year increase of 6.6%.

Such improving top line indicates at solid bottom-line growth for the company. In line with this, the consensus estimate for the company’s fourth-quarter earnings is pegged at $2.91 per share, reflecting a year-over-year increase of 17.8%.