The Boeing Company (BA)
After hours:
| Previous close | 167.82 |
| Open | 168.14 |
| Bid | 170.55 x 1100 |
| Ask | 170.35 x 1000 |
| Day's range | 167.80 - 170.64 |
| 52-week range | 167.53 - 267.54 |
| Volume | |
| Avg. volume | 8,975,900 |
| Market cap | 104.574B |
| 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 |
- Yahoo Finance Video
United posts Q1 beat, but expectations 'were pretty low'
United Airlines (UAL) reported better-than-expected first-quart results, beating estimates on both the top and bottom lines. The company posted revenue of $12.54 billion, exceeding the analyst estimate of $12.44 billion. On the bottom line, United reported an adjusted loss of $0.15 per share, outperforming the expected loss of $0.57 per share. To provide insights on the airline's performance, Third Bridge Global Sector Lead for Industrials, Materials and Energy Peter McNally joins Market Domination. McNally acknowledges that while United's earnings beat expectations, the expectations "were pretty low" in light of the "high-profile issues" the company faced during the quarter, including challenges with the Boeing (BA) 737 Max-9 fleet. However, he emphasizes that the key going forward will be United's outlook on capital expenditures and aircraft deliveries. McNally emphasizes the ongoing airplane shortage, as "Boeing's issues pre-date the pandemic" and Airbus cannot meet the entire industry's demand. As a result, he notes that United will be "pushing out capex" to secure the necessary aircraft to meet steady consumer travel demand. Looking ahead, McNally forecasts heightened scrutiny and oversight from the government and the Federal Aviation Administration, noting that "it's not making it any easier to be an airline these days." 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 Angel Smith
- Yahoo Finance Video
Boeing refutes whistleblower claims on 787 assembly flaws
Boeing (BA) is refuting claims made by a whistleblower alleging manufacturing faults in the company's assembly of its 787 Dreamliner jets. Yahoo Finance Senior Reporter Pras Subramanian breaks down the complaints reported by the New York Times ahead of the Boeing whistleblower's testimony before the US Senate Commerce Committee on Wednesday, April 17. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Luke Carberry Mogan.
- CNN Business
Boeing’s problems just cost United $200 million
United Airlines was pushed into the red by Boeing and its ongoing quality issues, the airline said Tuesday. The company took a $200 million hit in the first quarter after the Boeing 737 Max 9 was grounded following the door plug incident aboard an Alaska Airlines flight.
