Boeing CFO Says Q3 BDS Margins Expected To Be Negative, Similar To Q2
Portfolio Pulse from Benzinga Newsdesk
Boeing's CFO announced that the Q3 margins for Boeing Defense, Space & Security (BDS) are expected to be negative, similar to Q2, during Morgan Stanley's 12th Annual Laguna Conference 2024.
September 13, 2024 | 4:07 pm
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NEGATIVE IMPACT
Boeing's CFO announced that the Q3 margins for Boeing Defense, Space & Security (BDS) are expected to be negative, similar to Q2. This indicates ongoing financial challenges in the BDS segment.
The announcement of negative margins for Q3 in the BDS segment suggests ongoing financial difficulties, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100