Boeing will report third-quarter earnings Wednesday morning. The company’s results have been notably hard to predict in recent years. Investors should focus on cash flow.
Newsletter Sign-up Predicting Boeing’s third quarter isn’t an easy call. Lately, Boeing has had trouble ramping up production of its 737 MAX jets, partly due to supplier problems—which Boeing is directly addressing. That is weighing on Wall Street’s near-term estimates. The Spirit Aero problem is another thing investors have to factor into third-quarter numbers. Analysts now project a per-share loss of $3.18 for the third quarter. A few weeks back, that number was a loss of about 50 cents. Boeing lost 82 cents a share in the second quarter.Newsletter Sign-up Performance from Boeing’s defense business has been uneven recently too: It reported operating losses in seven of the past nine quarters, according to FactSet.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: WSJ - 🏆 98. / 63 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »