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-0.00860465116279064 0.0148255813953489 0.0134883720930234 0.0163953488372094 0.0197674418604652 0.0175000000000001 0.0312790697674418 -0.010610465116279
Stock impact report

Boeing beats on earnings after tumultuous quarter headlined by 737 Max crisis [Yahoo! Finance]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Boeing reported first quarter core (or adjusted) loss per share of $1.13, narrower than the $1.72 estimated, on revenue of $16.57 billion, which was above forecasts of $16.25 billion but an 8% decline from a year ago. The plane maker also reported negative operating cash flow of $3.36 billion, compared with a loss of $318 million last year, and free cash flow of negative $3.92 billion, compared with a loss of $787 million last year. Boing said the results reflect lower commercial delivery volume and did not give updated production plans. "Our first quarter results reflect the immediate actions we've taken to slow down 737 production to drive improvements in quality," Boeing president and CEO Dave Calhoun said in a statement. "We will take the time necessary to strengthen our quality and safety management systems and this work will position us for a stronger and more stable future." After the release, Boeing shares were up over 3% in pre-market trade. Early in 2024, Boeing suf Show less Read more
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