Boeing’s Earnings Missed Wall Street’s Expectations Yet Its Stock Is Rising

2019-10-24 22:25

Investors gave Boeing a massive pass on its terrible third-quarter earnings results that ordinarily would have sunk the company’s stock. The company didn’t disclose any additional bad news about the 737 Max.

Net income at the Chicago-based company fell 51 percent to $1. 17 billion, or $2. 05 per share. Excluding one-time costs, per-share profit was $1. 45. […]

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