Boeing Q2 earnings: Investors brace for potential loss

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Boeing News

Federal Aviation Administration,Aircraft Manufacturer,Pras Subramanian

Boeing (BA) is scheduled to release its second quarter results before the market opens on Wednesday. Yahoo Finance autos reporter Pras Subramanian analyzes...

analyzes what to expect from the report, providing insight into why investors anticipate a loss from the aircraft manufacturer as it strives to recover from ongoing production issuesMoving to another trending ticker though Boeing is set to report second quarter results before the market opened at tomorrow.We should also note the company has not generated a full year profit since 2018, Boeing shares down over 20% year to date.

But, uh, you know, we delivery, we saw a big drop in Q two, only um, 92 commercial deliveries down from 100 and 30 year, 38 a year ago. We're hearing that more and more people are coming forward, more and more people being sort of considered for the role. Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of the third quarter of 2024 showed a big divergence of returns.TRIBUTE: The death of Edna O’Brien at the age of 93 brings an end to the long reign of one of Ireland’s greatest writers, who attracted both controversy and adulation throughout her trailblazing career.

 

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