23-10-2019 21:25
Boeing’s Earnings Missed Wall Street’s Expectations Yet Its Stock Is Rising
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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