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Boeing Shares Are Trading Higher Following Better-than-expected Q1 Financial Results

Moomoo 24/7 ·  Apr 24 07:45

Boeing: First Quarter Results Reflect $222 Million of Losses on Certain Fixed-Price Development Programs.

Commercial Airplanes Is Implementing Comprehensive Action Plan to Address Feedback From FAA Audit of 737 Production.

Boeing CEO: Commercial Business Will Be More Stable, Defense Business Will Move Towards More Historical Performance Levels, Expect Cycle Times in 737 Factory to Continue to Slowly Improve.

Boeing Q1 Revenue USD 16,569 Million Vs. Ibes Estimate USD 16,228 Million, Q1 Adjusted EPS USD -1.13 Vs. Ibes Estimate USD -1.76.

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