earnings
confidence high
sentiment negative
materiality 0.75
Boeing Q2 revenue $19.8B, GAAP loss per share ($0.25), core loss ($0.82); free cash flow $2.6B
BOEING CO
2023-Q2 EPS reported
-$0.93
revenue$37,672,000,000
- Revenue $19,751M, up 18% YoY; GAAP loss from operations $99M vs $780M income in Q2 2022.
- Net loss $149M ($0.25 diluted loss per share); core loss per share (non-GAAP) $0.82.
- Operating cash flow $2,875M; free cash flow $2,579M; reaffirms FY 2023 operating cash flow $4.5-$6.5B and free cash flow $3.0-$5.0B.
- Commercial Airplanes revenue $8,840M, 136 deliveries (+12%); Defense, Space & Security operating loss $527M driven by fixed-price development program charges.