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Boeing reports results before the bell. Here's what to expect
CNBC· 2025-04-23 11:00
Boeing is set to report results before the market opens on Wednesday, when Wall Street expects to see some improvements despite a trade war and other supply chain problems.Boeing CEO Kelly Ortberg, who was hired last year and tasked with getting the manufacturer past a series of safety and manufacturing crises, will likely outline progress, including production rates of its best-selling 737 Max, but investors will be focused on his outlook for the year.Executives will get questions on Wednesday's call about ...
Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
MarketBeat· 2025-04-04 12:30
Group 1: Company Performance - Boeing has secured over $50 billion in potential new aircraft orders and contracts in the last two weeks of March 2025, contributing to a backlog exceeding half a trillion dollars [1][3] - Despite strong demand and contract wins, Boeing is implementing a 10% workforce reduction, affecting approximately 17,000 jobs, excluding those impacted by a previous strike [3] - Boeing's stock is down 5.66% year-to-date as of April 1, 2025, despite the positive news regarding contracts [2][5] Group 2: Market Dynamics - Boeing shares are experiencing a selloff alongside the broader market, attributed to declining consumer confidence and concerns over tariffs and trade wars [5] - JPMorgan has added Boeing to its Analyst Focus List, indicating optimism in the commercial aerospace sector and supply chain normalization [4] Group 3: Recent Orders and Contracts - Japan Airlines ordered 17 additional Boeing 737-8 airplanes, bringing its total to 38 for delivery starting in 2026 [7] - Korean Airlines finalized an order for 20 Boeing 777-9 and 20 Boeing 787-10 airplanes, valued at approximately $32.7 billion, marking its largest deal with Boeing [7] - The United States Air Force awarded Boeing a contract under its Next Generation Air Dominance program for the development of the F-47 fighter jet, with the contract expected to be worth hundreds of billions over its lifetime [7]