Boeing Reaffirms Guidance; Sees $4.5B-$6.5B Of Operating Cash Flow; Sees $3B-5B Non-GAAP Free Cash Flow
Portfolio Pulse from Benzinga Newsdesk
Boeing has reaffirmed its guidance and expects to see $4.5B-$6.5B of operating cash flow. The company also anticipates $3B-$5B in non-GAAP free cash flow.
October 25, 2023 | 11:34 am
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POSITIVE IMPACT
Boeing's reaffirmed guidance and expected cash flow could potentially boost investor confidence and positively impact the company's stock price.
Reaffirming guidance is generally seen as a positive sign by investors as it indicates that the company is confident in its financial outlook. The expected operating cash flow and non-GAAP free cash flow are also significant as they indicate the company's ability to generate sufficient cash to maintain and grow its operations. This could potentially lead to a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100