Boeing reports smaller quarterly loss but larger EPS loss than analysts expected
FROM THE WIRE · FINANCE.YAHOO.COM
Boeing CEO Kelly Ortberg acknowledged pressure to speed up production but said 'we're going to do it right' (WIN MCNAMEE) Boeing on Tuesday reported a smaller quarterly loss compared with the same period last year -- when plane certification delay costs heavily dented results…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMixed results for a major aerospace group: the smaller loss contrasts with an EPS loss worse than estimates.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Boeing reported a third-quarter loss of $116 million.
- 02The year-ago loss was $5.3 billion, mostly from delays to certification of the 777X.
- 03CEO Kelly Ortberg cited FAA certification of the 737 MAX 7 and 737 MAX 10.
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Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets