Previous close | 169.18 |
Open | 176.50 |
Bid | 163.50 x 800 |
Ask | 163.59 x 900 |
Day's range | 162.74 - 177.64 |
52-week range | 162.74 - 267.54 |
Volume | |
Avg. volume | 8,149,841 |
Market cap | 100.353B |
Beta (5Y monthly) | 1.53 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 13 Feb 2020 |
1y target est | N/A |
Boeing (BA) on Wednesday reported results that beat Wall Street expectations after a tumultuous first quarter.
Boeing's (BA) issues continue to mount as the aerospace manufacturer grapples with shrinking orders, a growing backlog of orders it needs to fulfill, and more, according to its first-quarter earnings report. In the wake of the mid-air incident in January that sparked multiple investigations into Boeing's 737 Max jetliner by federal regulators, the company faces a PR setback from consumers and travelers unsure whether to trust its aircraft. Stifel Senior Research Analyst Bert Subin joins The Morning Brief to discuss Boeing's potential deal with Spirit Aerosystems (SPR) and how that can potentially turn things around for Boeing. "The reality is Boeing's number one issue has been sort of getting its arms around quality and a supply chain, and Spirit is a huge part of that. And there have been quality lapses in recent years," Subin tells Yahoo Finance. "And so by acquiring Spirit, you can better integrate... vertically the supply chain and give the customers and the regulators greater confidence that you're going to produce the highest quality product every time. And so from that perspective, I think it's really important for reputation and for showing an actionable step toward improving the business." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Multiple earnings are to be released on Wednesday including: Meta (META), IBM (IBM) , ServiceNow (NOW), AT&T (T) , Boeing (BA), Chipotle (CMG), Ford (F), Hilton (HLT), and Hasbro (HAS) Economic data in the form of durable foods for March will be released on Wednesday. Current estimates are around 2.6% for March, double the number from February. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino