Boeing Co is a leading aerospace company that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment worldwide. The company serves a wide range of customers, including commercial airlines, government agencies, and defense organizations, providing innovative solutions for air travel and space exploration. Through its diverse portfolio, Boeing is involved in both commercial and military aircraft production, as well as technologies related to space and satellite operations, aiming to enhance global connectivity and advance aerospace technology. Additionally, Boeing engages in maintenance, repair, and logistics services to support its products throughout their lifecycle. Read More
On an adjusted basis, the company reported earnings of $0.37 per share for the quarter ended March 31, while analysts expected it to post $0.42 per share.
Considering the blue-chip Dow face-planted ahead of the open on a disappointing Q1 report from UnitedHealth, which resulted in a -22% tanking by Thursday’s close, this was a pretty flat day.
Lockheed Martin names Evan Scott as CFO, replacing Jesus Malave. Reaffirms 2025 guidance and expects net sales of $73.75B-$74.75B and EPS of $27-$27.30.
