Morgan Stanley Double-Upgrades Boeing (BA) to Overweight, Seeing a Clear Runway for Upside

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Boeing Reports Fourth-Quarter Results

January 27, 2021 7:30 AM EST

CHICAGO, Jan. 27, 2021 /PRNewswire/ --

Fourth Quarter 2020

Financial results significantly impacted by COVID-19, 737 MAX grounding, and commercial widebody programs 777X program recorded $6.5 billion pre-tax charge; first delivery expected in late 2023 737 MAX began receiving regulatory approval to resume operations and restarted deliveries Revenue of $15.3 billion, GAAP loss per share of ($14.65) and core (non-GAAP)* loss per share of ($15.25)

Full-Year 2020

Revenue of $58.2 billion, GAAP loss per share of ($20.88) and core (non-GAAP)* loss per share of ($23.25) Operating cash flow of ($18.4) billion; cash and marketable... More