Wednesday, July 24, 2019

Boeing Q2 Results Hurt By Hefty Charge On 737 MAX Grounding

Boeing Co. (BA) reported Wednesday a huge loss for the second quarter, hurt by a hefty charge and increased costs related to the 737 MAX grounding and associated delivery delays. Both core loss and revenues missed analysts' estimates by a big margin. The aircraft maker said a new guidance will be issued at a future date as the prior guidance does not reflect 737 MAX impacts.

from RTT - Earnings https://ift.tt/30QfYR6
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