Reported about 16 hours ago
Boeing is set to announce its third quarter earnings, highlighting concerns over jet delivery rates and cash flow reduction as CEO Kelly Ortberg navigates through the company’s recovery. Analysts anticipate a Q3 revenue of $22.29 billion, but a projected adjusted loss per share of $4.92 and negative free cash flow persists. Despite a 27% increase in stock value this year and an uptick in commercial deliveries, challenges remain, notably delays with the 777X and ongoing labor disputes in its defense sector.
Source: YAHOO