Boeing Co. (NYSE: BA) reports stronger-than-expected Q2 revenue but wider adjusted loss per share. Revenue climbed 35% to $22.75B, driven by increased commercial aircraft deliveries and backlog of $619B. Operating cash flow was $227M, free cash outflow was $200M.
Aerospace and defense company Boeing (NYSE:BA) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 34.9% year on year to $22.75 billion. Its non-GAAP loss of $1.24 per share was 5.5% above analysts’ consensus estimates.
Boeing CEO Kelly Ortberg addressed employees to discuss the company’s performance at the half year mark, expressing optimism about the airplane maker’s progress.
Boeing narrows Q2 losses, beats revenue estimates with $22.75B sales as 737 production stabilizes. Shares rise on improved cash flow and turnaround progress.
In the upcoming session, the spotlight is likely to be on the Federal Open Market Committee meeting that gets underway, the results of the Job Openings And Labor Turnover Survey, and the Conference Board’s July consumer confidence data.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Sure, they are at the whim of macroeconomic factors that influence capital spending (like interest rates),
but the industry has held its ground over the past six months as its 5.2% return was almost identical to the S&P 500.
The bank charges an annual membership fee of $595 for the card, which is lower than its rivals, and offers to unlock $1,500 in value if customers take advantage of the available benefits.
Unless a new contract agreement is reached, Boeing workers at the fighter jet-making facilities will go on strike from Aug. 4 after a 7-day cooling-off period.
