Published 1 year ago

Boeing reports Q2 profit but misses Wall Street expectations

Summary by Ground News

The giant aircraft manufacturer reported a profit of $193 million Wednesday, down 67% from the second quarter of last year. Boeing generated more cash than in the first quarter by delivering more planes than it has since the start of the pandemic. Boeing remained unable to deliver one of its best-selling planes, the 787, while regulators review steps the company is taking to eliminate production problems.

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Associated Press News

Boeing reports Q2 profit but misses Wall Street expectations

Boeing Co. reported a smaller second-quarter profit that fell short of Wall Street expectations as its defense business weakened and it remained unable to deliver any of its 787 Dreamliner

1 year ago·United States

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abc News

Boeing reports Q2 profit but misses Wall Street expectations

Boeing is reporting a $193 million second-quarter profit for shareholders, but the results are falling short of Wall Street expectations

1 year ago·United States

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KIFI

Boeing reports Q2 profit but misses Wall Street expectations - Local News 8

By DAVID KOENIG AP Airlines WriterBoeing is reporting a $193 million second-quarter profit for shareholders, but the results are falling short of Wall Street expectations. Boeing’s normally steady defense business is down from a year ago. Boeing said Wednesday that it generated more cash by delivering more airline jets than it has since the start of the pandemic. But the company is still unable to deliver any of its 787s, a plane that Boeing cal…

1 year ago·Idaho Falls, United States

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KVIA

Boeing reports Q2 profit but misses Wall Street expectations

1 year ago·Panama City, United States

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MY Northwest

Boeing reports Q2 profit but misses Wall Street expectations

Boeing Co. reported a smaller second-quarter profit that fell short of Wall Street expectations as its defense business weakened and it remained unable to deliver any of its 787 Dreamliner planes.The giant aircraft manufacturer reported a profit of $193 million Wednesday, down 67% from the second quarter of last year, on a 2% drop in revenue.Boeing generated more cash than in the first quarter by delivering more planes than it has since the star…

1 year ago·Tacoma, United States

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