Boeing appears to be gaining some breathing room in its ongoing crisis as first-quarter results surpassed Wall Street expectations. The aerospace giant reported a loss of just $0.49 per share, significantly better than the projected $1.29 loss, prompting shares to rise in pre-market trading. Revenue jumped nearly 18% year-over-year to $19.5 billion, bolstered by increased aircraft deliveries. The company burned through $2.3 billion in free cash flow-substantially less than the anticipated $3.6 billion drain and an improvement from the $3.9 billion outflow reported in the same period last year.
Production Recovery Signals Potential Turnaround
Sollten Anleger sofort verkaufen? Oder lohnt sich doch der Einstieg bei Boeing?
Production of Boeing's troubled 737 Max aircraft has resumed at a rate of over 30 planes monthly, with plans to reach the regulatory maximum of 38 jets per month by year-end. New CEO Kelly Ortberg has internally labeled 2025 as a potential "turnaround year" for the company, focusing on quality improvements and reliable deliveries. Adding to the cautious optimism, Boeing's defense division returned to profitability with an operating gain of $155 million after three losing quarters. The company also announced the sale of portions of its Digital Aviation Solutions division, including navigation unit Jeppesen, for $10.55 billion to strengthen its balance sheet amid continued supply chain challenges.
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Boeing Stock: New Analysis - 23 AprilFresh Boeing information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
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