Earnings Results: Boeing’s stock gets a boost from revenue and free-cash-flow beats and from production outlook

by | Apr 26, 2023 | Stock Market

Boeing Co.’s stock rose more than 3% Wednesday after the aerospace and defense giant reported a wider-than-expected loss that was offset by revenue and free cash flow that beat forecasts. The company also kept its production outlook despite recent problems with its 737 Max jets. “We are progressing through recent supply-chain disruptions but remain confident in the goals we set for this year, as well as for the longer term,” Chief Executive Dave Calhoun said. “Demand is strong across our key markets and we are growing investments…

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