Boeing Co.

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Earnings Announcements

Boeing Posts Q2 EPS Of $0.32

Published: 07/27/2022 12:19 GMT
Boeing Co. (BA) - Boeing Reports Second-quarter Results.
Q2 Non-GAAP Core Loss per Share $0.37.
Q2 GAAP Earnings per Share $0.32.
Q2 Revenue $16.7 Billion.
Boeing - Increased 737 Production to 31 per Month; Working With Faa on Final Actions to Resume 787 Deliveries.
Boeing - Boeing Recorded Positive Operating Cash Flow of $0.1 Billion.
Boeing - on 787 Program, Company Continues to Work With Faa to Finalize Actions to Resume Deliveries and is Readying Airplanes for Delivery.
Boeing - Qtrly Total Backlog of $372 Billion; Including Over 4,200 Commercial Airplanes.
Boeing - 787 Program Producing at a Very Low Rate and Will Continue to Do So Until Deliveries Resume.
Boeing - Expected Gradual Return to Five per Month Over Time on 787 Program.
Boeing - Quarter-end Cash and Investments in Marketable Securities Decreased to $11.4 Billion, Compared to $12.3 Billion at Beginning of Quarter.
Boeing - Still Anticipates 787 Abnormal Costs of Approximately $2 Billion, With Most Being Incurred by End of 2023, Including $283 Million Recorded in Quarter.
Boeing - Mq-25 Program Recorded a $147 Million Charge in Quarter Primarily Due to Higher Costs to Meet Certain Technical Requirements.
Boeing - Commercial Crew Program Also Recorded $93 Million Charge in Quarter, Driven by Launch Manifest Updates and Additional Costs Associated With Oft-2.
Boeing - at Quarter-end, Boeing Capital's Net Portfolio Balance Was $1.6 Billion.
Q2 Earnings per Share View $-0.14, Revenue View $17.57 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $18.76 Billion
Adjusted EPS is expected to be $0.30

Next Quarter Revenue Guidance is expected to be $21.38 Billion
Next Quarter EPS Guidance is expected to be $0.99

More details on our Analysts Page.