Boeing CFO Says Not Expecting Much In The Way Of Profitability From Boeing Defense, Space & Security In Second Half Of The Year
Portfolio Pulse from Happy Mohamed
Boeing's CFO stated that the company does not expect significant profitability from its Defense, Space & Security segment in the second half of the year.
May 25, 2023 | 1:34 pm
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Boeing's Defense, Space & Security segment is expected to have low profitability in H2 2021, according to the company's CFO.
The statement from Boeing's CFO regarding low profitability expectations for the Defense, Space & Security segment in H2 2021 may negatively impact the company's stock price in the short term, as investors may perceive this as a sign of weakness in a key business segment.
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