Boeing (BA) Stock Jumps 5% Despite Q2 Loss on Strong Cash Flow
Boeing posted a wider Q2 net loss due to a $280M Air Force One charge, but revenue, free cash flow, and production ramp-up impressed investors, lifting shares nearly 5%.
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Boeing posted a wider Q2 net loss due to a $280M Air Force One charge, but revenue, free cash flow, and production ramp-up impressed investors, lifting shares nearly 5%.
Boeing reports Q2 earnings Tuesday, with analysts expecting a swing to $460M operating profit from prior year's $200M loss, signaling recovery.