Reported about 22 hours ago
Boeing is set to release its Q2 earnings, with CEO Kelly Ortberg's turnaround strategy in focus. The company's revenue is expected to soar to $21.68 billion from $16.9 billion last year, despite ongoing profit struggles and anticipated core losses of $1.40 per share. Recent production improvements saw Boeing deliver 150 jets in Q2, and positive trade developments have contributed to a 30% rise in stock value. However, challenges persist, including a recent crash and production ramp-up goals being pushed back.
Source: YAHOO