Boeing CFO Says Ended Q3 With About 250 Max Jets In Inventory, With About 85 Held For China
Portfolio Pulse from Benzinga Newsdesk
Boeing's CFO announced during an investor call that the company ended Q3 with approximately 250 Max Jets in inventory, including about 85 held for China.
October 25, 2023 | 2:50 pm
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Boeing's Q3 inventory includes about 250 Max Jets, with 85 held for China. This could indicate a potential increase in sales once these jets are sold.
The announcement of Boeing's inventory indicates a potential increase in sales once these jets are sold, which could positively impact the company's stock price. The fact that 85 jets are held for China suggests a strong market in that region, which could further boost sales and, consequently, the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100