Boeing Co. (BA)

$ 177.61
   
  • Change Today:
    $4.86
  • 52 Week High: $264.27
  • 52 Week Low: $164.33
  • Currency: US Dollars
  • Shares Issued: 1,012.26m
  • Volume: 5,774,549
  • Market Cap: $179,788m
  • RiskGrade: 190

Boeing slips to Q2 loss but ramping up 737 production

By Frank Prenesti

Date: Wednesday 26 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Boeing beat analyst forecasts for the second quarter as commercial aircraft deliveries drove revenues on the back of increased production, although losses in the defence and space operations pushed the company into a loss.


Boeing added that it planned to move to higher production of its Max aircraft to 38 a month from 31 and reiterated its 737 delivery forecast of 400 - 450 planes this year.



The defense, space and security unit reported a loss of $527m for the quarter, down from a profit a year ago.

Boeing's $149m loss compared with net income of $160m. Revenue rose 18% to $19.75bn, more than the $18.59bn analysts expected.

Reporting by Frank Prenesti for Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Boeing Market Data

Currency US Dollars
Share Price $ 177.61
Change Today $ 4.86
% Change 2.81 %
52 Week High $264.27
52 Week Low $164.33
Volume 5,774,549
Shares Issued 1,012.26m
Market Cap $179,788m
RiskGrade 190

What The Brokers Say

Strong Buy 10
Buy 7
Neutral 10
Sell 0
Strong Sell 1
Total 28
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 31-May-2024

Time Volume / Share Price
16:00 100 @ $177.88
16:00 100 @ $177.88
16:00 100 @ $177.88
16:00 100 @ $177.87
16:00 167 @ $177.84

Top of Page