Boeing CFO, When Asked About Hitting Rate 38 By Year-End, Says Can't Comment, It Depends On Duration Of Strike
Portfolio Pulse from Benzinga Newsdesk
Boeing's CFO, at Morgan Stanley's 12th Annual Laguna Conference 2024, refrained from commenting on achieving production rate 38 by year-end, citing the uncertainty due to the duration of an ongoing strike.
September 13, 2024 | 4:26 pm
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Boeing's CFO expressed uncertainty about reaching production rate 38 by year-end, attributing it to the ongoing strike's duration. This uncertainty may affect investor confidence and short-term stock performance.
The CFO's inability to confirm production targets due to the strike introduces uncertainty, which can negatively impact investor sentiment and Boeing's stock price in the short term.
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