Boeing Shares Gain Altitude Premarket -- WSJ

Dow Jones2022-07-27

By James Willhite

 

Shares of Boeing climbed 2.8% ahead of the bell after the airplane maker reported a bigger-than-expected loss , but its cash-flow numbers sharply beat forecasts.

Deliveries of the company's 787 Dreamliner jets have been on hold for much of the last two years as it resolves production issues with U.S. air-safety regulators.

The hold-up has choked off an important source of cash. But for the recent period, free-cash flow improved to negative $182 million, beating expectations of negative $1.01 billion. It also said it was on track for a full-year cash-flow surplus.

Last week, the company sold five more 787 Dreamliners to aircraft-leasing company AerCap Holdings, and it recently reached deals for its narrow-body 737 MAX.

 

NOTE: In-line links reference additional content of interest chosen by the WSJ news team.

 

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

 
 

$(END)$ Dow Jones Newswires

July 27, 2022 08:31 ET (12:31 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

发表看法
1