Boeing (BA) Shares Pop on Q2 Cash Flow Beat and Reiterated Guidance

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Go back to Boeing (BA) Shares Pop on Q2 Cash Flow Beat and Reiterated Guidance

Boeing (BA) Falls to Low, Down 1.6%

July 27, 2022 11:12 AM EDT

Boeing (NYSE: BA) Falls to Low, Down 1.6%

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Boeing cuts estimates for 737 MAX deliveries, flags supply-chain constraints

July 27, 2022 7:36 AM EDT

By 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 EDT

Boeing (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 airplanes

For earnings history and earnings-related data on Boeing (BA) click here.

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