Key Points – Boeing’s second-quarter revenue rose 8% to $24.6 billion, supported by higher commercial-aircraft deliveries and defense volume.
The company reported a core loss of $0.76 per share but generated $631 million in free cash flow and remains on track for positive free cash flow for the full year. – Commercial Airplanes delivered 171 aircraft, the highest quarterly total since 2018, including 129 737s
Boeing is ramping 737 production toward 47 aircraft per month and maintained its 2027 delivery timelines for the 737-7, 737-10 and 777-9. – Defense revenue climbed 13% to $7.5 billion, but profitability was pressured by a $280 million charge on the VC-25B presidential aircraft program. Boeing reaffirmed its full-year free-cash-flow target of $1 billion to $3 billion as debt declined by $8.2 billion year to date. – Bank Earnings Are Roaring, But Wall Street Isn’t Ready to Celebrate Boeing (NYSE:BA) reported second-quarter revenue of $24.6 billion, up 8% from a year earlier, as higher commercial airplane deliveries and increased defense volume lifted results across its three business segments. The company posted a core loss per share of $0.76, an improvement from the prior year, and generated $631 million of positive free cash flow.
President and Chief Executive Officer Kelly Ortberg said the company’s production and delivery levels have reached their strongest point since 2018 as Boeing continues to emphasize safety and quality. The Federal Aviation Administration earlier this month authorized Boeing to resume issuing airworthiness certificates for all 737 MAX and 787 aircraft, a responsibility Ortberg said the company takes “very seriously.” – Revving Up Returns: Big Banks Race Through the Rate Plateau “We are on track to be free cash flow positive for the year,” Ortberg said, citing more stable operations, a record backlog and progress on production ramps. Commercial deliveries reach highest level since 2018 Boeing Commercial Airplanes delivered 171 aircraft…