Navigating a turbulent period, Boeing (BA) faces financial upset, lower defense deliveries, and investors' disappointments. Expected revenues from Q3 earnings were missed, and stock value deemed undervalued at $170. Warren Buffett is speculated to be considering a share purchase. A $499M contract was secured with the U.S. Air Force but faced criticism regarding CEO Calhoun's pay package. An FAA probe into 787 safety inspections caused stock prices to fall. Although some predict a bounce back in stock, a class action filed against BA and several unfavorable forecasts provide a gloomy outlook. Larger commercial deliveries could potentially benefit their Q4 earnings.
Boeing Company BA News Analytics from Tue, 17 Oct 2023 07:00:00 GMT to Thu, 09 May 2024 09:27:21 GMT -
Rating -4
- Innovation 2
- Information 7
- Rumor -3
