Boeing (BA) Shares Pop on Q2 Cash Flow Beat and Reiterated Guidance
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Boeing (BA) Falls to Low, Down 1.6%
July 27, 2022 11:12 AM EDTBoeing (NYSE: BA) Falls to Low, Down 1.6%
... MoreBoeing cuts estimates for 737 MAX deliveries, flags supply-chain constraints
July 27, 2022 7:36 AM EDTBy Rajesh Kumar Singh and Abhijith Ganapavaram
(Reuters) - Boeing Co executives on Wednesday cut estimates for 737 MAX deliveries this year and warned that supply-chain constraints have capped its ability to ramp up jet production despite "significant" demand.
The comments on an earnings call underscored challenges the planemaker faces despite a dramatic improvement in cash flow in the quarter through June. The company's shares retreated from the day's highs and closed up 0.1% at $156.09.
Boeing said it aims to stabilize 737 production rate at 31 a month despite nagging supply chain problems. It expects supply issues and... More
Boeing (BA) Misses Q2 EPS by 24c, Revenue Misses
July 27, 2022 7:31 AM EDTBoeing (NYSE: BA) reported Q2 EPS of ($0.37), $0.24 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $16.7 billion versus the consensus estimate of $17.54 billion.
Total backlog of $372 billion; including over 4,200 commercial airplanesFor earnings history and earnings-related data on Boeing (BA) click here.
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