fbpx

YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Boeing Releases Q4 Earnings – $BA $DIA $INVO

By John F. Heerdink, Jr.

Reportedly, Boeing (BA) posted a $663 million loss for the fourth quarter as supply chain issues lingered on results despite a rise in aircraft sales and deliveries pushing up revenue. For the full year, Boeing posted a loss of $5 billion despite a 7% increase in revenue to $66.6 billion.

Fourth Quarter Highlights:

  • Boeing reported an adjusted loss per share of $1.75 versus estimates of earnings per share of 26 cents.
  • Revenue stood at $19.98 billion lower than $20.38 billion expected.
  • Boeing generated $3.1 billion in cash flow in the fourth quarter, higher than analyst forecasts, and $2.3 billion for the year.
  • The commercial aircraft unit generated $9.2 billion in sales in the fourth quarter, up 94% from a year earlier as deliveries jumped.
  • Boeing reiterated its expectation to generate between $3 billion and $5 billion in free cash flow this year.
“We’re proud of how we closed out 2022, and despite the hurdles in front of us, we’re confident in our path ahead. We have a robust pipeline of development programs, we’re innovating for the future and we’re increasing investments to prepare for our next generation of products,” stated CEO Dave Calhoun.
 


Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.



Stay Informed! Stay Competitive! Please join us at Vista Partners to receive our FREE email updates throughout the week and view our exclusive content and research. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.


DID YOU KNOW?

Fertility rates have hit a record low in the United States. The latest US government fertility statistics come from 2019, and they estimate there were 58.2 births year per 1,000 women of childbearing age (defined by the CDC as women between ages 15 and 44).

If you have ever struggled with infertility issues, or know someone who has, you are probably well aware of how demoralizing it can be. Imagine for a moment spending thousands of dollars and months of intensive medical procedure only to end up empty handed, exhausted, sad, and defeated because after all of that time, work, and money, you still don’t have a baby. That’s an incredibly difficult situation, and it’s becoming more common each passing year. Likewise, the need for more effective, less invasive infertility treatment options is increasing with each passing year. This is the sole focus of medtech company INVO Bioscience (NASDAQ: INVO). Learn more by reading the following story that we published recently. 

INVO Bioscience (NASDAQ: $INVO), A Company Seeking To Address A Massively Underserved Fertility Market


(Read Original Story: Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand in CNBC)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us