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0.00213991769547309 0.00425962024402552 0.00238249945852274 -0.007941664861743 -0.0117500541477152 -0.00743628618872305 -0.0202873438740885 -0.00490939282362289
Stock impact report

Boeing Q1 Loss Beats But Revenue Misses; 737 Max Ramp-Up Slows, Widebody Output Cut [Investor's Business Daily]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Related news Boeing ( BA ) reported a better-than-expected loss in Q1 but revenue missed views early Wednesday, as production forecasts for the 737 Max, 787 Dreamliner and 777 were trimmed further amid the aviation market collapse. Boeing stock rose. Estimates: Analysts expect a per-share loss of $2.04 vs. a per-share profit of $3.16 in the year-ago-quarter. Revenue is seen falling 25% to $17.17 billion. Results: Per-share loss of $1.70, though that missed other estimates of $1.61, on revenue of $16.91 billion. Operating cash flow was negative $4.3 billion. Boeing plans to cut payroll by about 10% through voluntary layoffs and "involuntary layoffs as necessary," according to a company memo obtained by CNBC. Cash and equivalents swelled to $15.5 billion from $10 billion in Q4, while debt grew to $38.9 billion from $27.3 billion. Boeing said it is "exploring all of the available options" to obtain additional liquidity. Commercial unit revenue sank 48% to $6.2 billion. Boeing earlier Show less Read more
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