Boeing Narrows Quarterly Losses, Shares Gain 4.5% in Early Trading
Deep News
Apr 22
Boeing's stock rose approximately 4.5% in Wednesday's early trading session after the company reported a smaller-than-expected first-quarter loss.
The aerospace giant posted an adjusted loss of 20 cents per share for the first quarter, compared with an anticipated loss of 83 cents per share based on a survey of analysts by London Stock Exchange Group. Revenue reached $22.22 billion, surpassing expectations of $21.78 billion.
Additionally, the company indicated that it expects the 737 Max 7 and Max 10 models to receive certification this year, with deliveries set to begin in 2027.
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