Boeing CFO Says Booked $180M In Abnormal Costs In Q3 Tied To 777X, In Line With Expectations
Portfolio Pulse from Benzinga Newsdesk
Boeing's CFO announced during an investor call that the company booked $180 million in abnormal costs in Q3, which were tied to the 777X. This was in line with expectations.
October 25, 2023 | 2:49 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Boeing's Q3 abnormal costs of $180 million, tied to the 777X, were in line with expectations.
The news is directly related to Boeing and its Q3 earnings. The abnormal costs tied to the 777X were expected, so this should not significantly impact the stock price in the short term. However, it's important for investors to monitor the company's financials and future guidance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100