Latest news with #BoeingBA
Yahoo
2 days ago
- Business
- Yahoo
Boeing Q2 earnings preview: Tariffs & Air India crash in focus
Boeing (BA) will release its second quarter results on Tuesday. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down what Wall Street is expecting from the earnings report. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Boeing set to release its Q2 earnings Tuesday, following, we know a tumultuous quarter for the aircraft manufacturer, tariff uncertainty, and Air India crash in June, and of course, union contract negotiations. Investors are waiting to see the results of the last quarter with more. Let's welcome in now Yahoo Finance's senior auto reporter, that would be Pras Subramanian, Pras. Josh, what do you want to know, man? Top line numbers here, how are we going to do with the deliveries? But yes, yes, of course, you know, big numbers tomorrow for Boeing, you know, expected to report 21.7 billion or thereabouts, uh, in just, I'm sorry, in, in revenue, which is a big, a big, uh, big improvement from a year ago when they were sort of, uh, weathering the storm of that door plug blow out with the last airlines flight, uh, on the profitability side, it's going to be a loss of a dollar, uh, dollar 40 a share adjusted there, um, with an operating loss of $161.1 million or thereabouts. Uh, of note would be free cash flow or burn, their burn rate, um, last quarter, uh, 2.3 billion burn last quarter. That, that was a lot, supposed to come down a bit more, but still be in the billion range. So, you know, uh, still tough times there for Boeing, but at least they're sort of on the right path here with Kelly Orberg, the new CEO. He's expanded, uh, slowly but surely expanded deliveries. Now, they had 150 deliveries of jets in Q2, uh, compared to 130 last quarter, and then 92 a year ago. So that's steadily improving. So that the game plan is here, how can he continue to improve deliveries but then also get back into the green there? What about the, the US EU trade deal, Pras? What does that mean for Boeing? I think there was some concern before the trade deal that Boeing would get, would be punished pretty severely by EU in the sense that they would tariff, uh, aircraft, and of course, aircraft parts from them from, from America into the EU. And of course, you know, uh, Boeing sells plenty of jets in, in Europe still. Uh, the 737 Max still is a, is a high selling jet and it's a very, uh, uh, it's a volume seller in many European airlines and partners that would want to buy that plane. And they were, it was concern that that would make that jet just cost in ineffective compared to Airbus. So, uh, that seems to be sort of resolved with a 15% tariff, not great, but better than the 25 or even higher that was going to be potentially on the table. So, uh, that's a positive for them, and I think that's what's a sort of a breath of relief there for the aviation sector. All right. Thank you, Pras. Appreciate it.
Yahoo
5 days ago
- Business
- Yahoo
Pre-Markets Moderate in the Green for Another Up-Week
Friday, July 25, 2025Friday's pre-market futures are in the green at this hour, though a little choppy. One new economic report and a handful of Q2 earnings releases ahead of the opening bell are perhaps having some impact, but over the past week of trading — which has been positive across the board — we're seeing a bit of moderation at or near all-time Dow is +55 points at this hour, while the S&P 500 is +8 points and the Nasdaq +6. The small-cap Russell 2000 is +8 points currently. Over the past five days of trading, we're up anywhere from a half a point (Nasdaq) to +1% (S&P 500). Off April 9 lows — the day President Trump pressed pause on his massive tariff policy — we're +16% on the Dow, +23% on the S&P 500, +29% on the Nasdaq and +22% on the Russell 2000. Durable Goods Swing Negative, As Expected Durable Goods Orders for June reached -9.3% in this morning's latest preliminary report, better than the -11.1% analysts had projected. This follows a slightly upwardly revised +16.5% for May, which was basically the result of Boeing BA having filled 300+ aircraft orders. Ex-transportation, this number swings to a positive: +0.2%, following an upwardly revised +0.6% ex-aircraft — a proxy for 'normal' business infrastructure spending — also swung to a negative: -0.7%, from May's +2.0%. Shipments doubled expectations to +0.4%, down from +0.5% the previous month. Aside from Boeing, we may see these Durable Goods Orders as a reflection on how business spending attempts to play the ever-shifting tariff policy. Q2 Earnings Show Big Beats, Misses: PSX, AN, CNC Oil refiner Phillips 66 PSX posted a significant earnings beat in its Q2 report out this morning: $2.38 per share amounted to a +43.37% positive surprise from the $1.66 estimated. Revenues of $33.52 billion also trounced expectations, +9.75%. As a result, Phillips 66 shares are up +2.7% in the early market, now up double digits year to date. For more on PSX's earnings, click AN also notably surpassed estimates in its Q2 numbers ahead of the open: earnings of $5.46 per share was +16.17% ahead of the Zacks consensus $4.70 per share. Revenues of $6.97 billion for the auto retailer beat projections by +2.6%. Shares are also up +2.7% in early trading this Friday, adding to its +18% year to date. For more on AN's earnings, click the other side of Q2 earnings results, insurance service provider Centene CNC swung to a big miss on its Q2 earnings this morning: -$0.16 per share from +$0.68 anticipated, for a -123.5% miss on the company's bottom line. A 'shifting landscape' for Medicaid and Medicare was cited in Centene's letter to shareholders. Revenues, however, outpaced estimates by +11% to $48.74 billion in the quarter. Shares are trading up +5% at this hour, but are still down -50% year to date. For more on CNC's earnings, click here. What to Expect from the Market Next Week Earnings season ramps up to a new level next week, where 'Mag 7' companies like Microsoft MSFT, Apple AAPL and Amazon AMZN post quarterly results. We'll also get a new Fed meeting — the last til this autumn — but even though some voting members now advocate cutting interest rates, it is widely expected the Fed will keep rates at +4.25-4.50%, where they've been all year. Next week is also Jobs Week, even as the first day of August comes a week from today (sometimes these reports shift back a week). JOLTS, ADP private-sector payrolls and Friday's all-important BLS Employment Situation report will all hit the tape. Revisions to prior months will be key: ADP for June posted negative -33K jobs created, while the BLS showed + or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA) : Free Stock Analysis Report Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report AutoNation, Inc. (AN) : Free Stock Analysis Report Phillips 66 (PSX) : Free Stock Analysis Report Centene Corporation (CNC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Durable Goods Orders Contract in June
Friday's pre-market futures are in the green at this hour, though a little choppy. One new economic report and a handful of Q2 earnings releases ahead of the opening bell are perhaps having some impact, but over the past week of trading — which has been positive across the board — we're seeing a bit of moderation at or near all-time Dow is +55 points at this hour, while the S&P 500 is +8 points and the Nasdaq +6. The small-cap Russell 2000 is +8 points currently. Over the past five days of trading, we're up anywhere from a half a point (Nasdaq) to +1% (S&P 500). Off April 9 lows — the day President Trump pressed pause on his massive tariff policy — we're +16% on the Dow, +23% on the S&P 500, +29% on the Nasdaq and +22% on the Russell 2000. Durable Goods Swing Negative, As Expected Durable Goods Orders for June reached -9.3% in this morning's latest preliminary report, better than the -11.1% analysts had projected. This follows a slightly upwardly revised +16.5% for May, which was basically the result of Boeing BA having filled 300+ aircraft orders. Ex-transportation, this number swings to a positive: +0.2%, following an upwardly revised +0.6% ex-aircraft — a proxy for 'normal' business infrastructure spending — also swung to a negative: -0.7%, from May's +2.0%. Shipments doubled expectations to +0.4%, down from +0.5% the previous month. Aside from Boeing, we may see these Durable Goods Orders as a reflection on how business spending attempts to play the ever-shifting tariff policy. Q2 Earnings Show Big Beats, Misses: PSX, AN, CNC Oil refiner Phillips 66 PSX posted a significant earnings beat in its Q2 report out this morning: $2.38 per share amounted to a +43.37% positive surprise from the $1.66 estimated. Revenues of $33.52 billion also trounced expectations, +9.75%. As a result, Phillips 66 shares are up +2.7% in the early market, now up double digits year to date. AutoNation AN also notably surpassed estimates in its Q2 numbers ahead of the open: earnings of $5.46 per share was +16.17% ahead of the Zacks consensus $4.70 per share. Revenues of $6.97 billion for the auto retailer beat projections by +2.6%. Shares are also up +2.7% in early trading this Friday, adding to its +18% year to date. On the other side of Q2 earnings results, insurance service provider Centene CNC swung to a big miss on its Q2 earnings this morning: -$0.16 per share from +$0.68 anticipated, for a -123.5% miss on the company's bottom line. A 'shifting landscape' for Medicaid and Medicare was cited in Centene's letter to shareholders. Revenues, however, outpaced estimates by +11% to $48.74 billion in the quarter. Shares are trading up +5% at this hour, but are still down -50% year to date. What to Expect from the Market Next Week Earnings season ramps up to a new level next week, where 'Mag 7' companies like Microsoft MSFT, Apple AAPL and Amazon AMZN post quarterly results. We'll also get a new Fed meeting — the last til this autumn — but even though some voting members now advocate cutting interest rates, it is widely expected the Fed will keep rates at +4.25-4.50%, where they've been all year. Next week is also Jobs Week, even as the first day of August comes a week from today (sometimes these reports shift back a week). JOLTS, ADP private-sector payrolls and Friday's all-important BLS Employment Situation report will all hit the tape. Revisions to prior months will be key: ADP for June posted negative -33K jobs created, while the BLS showed +147K. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA) : Free Stock Analysis Report Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report AutoNation, Inc. (AN) : Free Stock Analysis Report Phillips 66 (PSX) : Free Stock Analysis Report Centene Corporation (CNC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Wall Street Journal
17-07-2025
- Business
- Wall Street Journal
Boeing to Sell Up to 18 Dreamliner Jets to Gulf Air
Boeing BA 0.48%increase; green up pointing triangle plans to sell up to 18 of its 787 Dreamliner jets to Gulf Air. The jet maker said Thursday it has agreed to sell 12 of the aircraft, with options for six more.
Yahoo
19-05-2025
- Business
- Yahoo
LATAM Airlines April 2025 Traffic Improves Year Over Year
LATAM Airlines Group (LTM) reported a year-over-year increase in revenue passenger-kilometers (RPK: a measure of air traffic) for April 2025. LATAM Airlines reported a 6.9% year-over-year increase in consolidated capacity, measured in available seat-kilometers (ASK). This growth was mainly driven by a 10% increase in the company's international operations. During the month, a new international route from Fortaleza in Brazil to Lisbon in Portugal was launched, further strengthening connectivity between South America and Europe. LTM's consolidated traffic, measured in revenue passenger-kilometers (RPK), increased 9.9% year over year. As traffic outpaced capacity expansion, the consolidated load factor — the percentage of seats filled by passengers — rose 2.3 percentage points from April 2024 to 83.4% in April 2025, maintaining healthy load factors across all business segments. During the month, LATAM Airlines transported more than 6.7 million passengers, an increase of 7.6% year over year. Year to date, LATAM Airlines has transported nearly 28 million passengers across its network. LATAM Airlines currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Apart from LATAM Airlines, other airline companies that have reported traffic numbers for April 2025 are Copa Holdings, S.A. CPA and Ryanair Holdings RYAAY. Copa Holdings reported traffic numbers for April 2025 on the back of upbeat air-travel demand. Driven by high passenger volumes, revenue passenger miles (RPM: a measure of traffic) improved on a year-over-year basis in April. To match the demand swell, CPA is increasing its capacity. In April, available seat miles (ASM: a measure of capacity) increased 5.2% year over year. Revenue passenger miles increased 5.5% year over year. Since traffic outpaced capacity expansion, the load factor rose to 86.8% from 86.6% in April 2024. European carrier, Ryanair, reported solid traffic numbers for April 2025, driven by upbeat air-travel demand. The number of passengers transported on Ryanair flights was 18.3 million in April 2025, reflecting a 6% year-over-year increase. RYAAY's traffic in April was higher than the March reading of 15 million, the February reading of 12.6 million and the January reading of 12.4 million. The April load factor of 93% improved 1% on a year-over-year basis, reflecting consistent passenger demand for the airline's services. While the April load factor was in line with the month of March, it was higher than the load factor of 92% reported in February 2025 and 91% reported in January 2025. Notably, RYAAY operated more than 103,000 flights in April 2025. This marks an improvement from 84,000 flights operated in March 2025 and 71,360 flights operated in February 2025. In January 2025, growth at RYAAY was hampered by 38 delayed Boeing BA deliveries. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA) : Free Stock Analysis Report Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report Copa Holdings, S.A. (CPA) : Free Stock Analysis Report LATAM Airlines Group S.A. (LTM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
