FMP
May 24, 2024 10:05 AM - Davit Kirakosyan
Boeing (NYSE:BA) has recently stopped delivering aircraft to China due to a request from the country's aviation regulator for additional certification documentation. This documentation concerns the batteries in cockpit voice recorders installed in all Boeing models, including the 787 and 737 Max.
This suspension has financial repercussions for Boeing, with the company's Chief Financial Officer indicating a potential negative impact on second-quarter cash flow. Consequently, Boeing's shares fell by more than 7% yesterday.
Speaking at the Wolfe conference, Boeing's CFO noted that second-quarter cash flow might decline compared to the first quarter due to the continued halt in aircraft deliveries to China, a key market for Boeing. The company expects 787 deliveries in the second quarter to be on par with those in the first, indicating no short-term improvement.
In addition to the China delivery issue, Boeing faces persistent supply-chain challenges for the 787 model, which could further hinder production and delivery increases. The CFO also mentioned that margins in the defense segment are expected to be negative in the second quarter.
As a result, Boeing forecasts that second-quarter deliveries will remain close to first-quarter levels, with no significant increase anticipated.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...