|Bid||0.00 x 1800|
|Ask||0.00 x 900|
|Day's range||199.30 - 203.80|
|52-week range||89.00 - 349.95|
|Beta (5Y monthly)||1.66|
|PE ratio (TTM)||N/A|
|Earnings date||27 Jan 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||13 Feb 2020|
|1y target est||232.26|
Boeing's (BA) commercial unit is likely to have benefited from improved 737 deliveries. However, poor 787 deliveries and abnormal production costs might have weighed on overall Q4 performance.
Europe is set to lift a 22-month flight ban on the Boeing 737 MAX this week after reviewing submissions by industry experts and whistleblowers, angering relatives of some of the 346 crash victims, who say the move is premature. A green light from the European Union Aviation Safety Agency (EASA) is a key step towards resolving an almost two-year safety crisis after crashes of the best-selling jet in Indonesia and Ethiopia which were linked to flawed cockpit software. After giving provisional approval in November, EASA sifted through input from 38 commenters and "received directly a number of whistleblower reports that we thoroughly analysed and took into account," Executive Director Patrick Ky said on Monday.
The combination of the 737 MAX grounding, the pandemic, and a variety of production miscues related to the 787 Dreamliner caused Boeing to burn $15.4 billion of cash in the first nine months of 2020. Its struggles continued last quarter, notwithstanding the recertification of the 737 MAX in November. Boeing is scheduled to report the gory details on Thursday morning.