Business
Boeing’s huge earnings have made Wall Street more optimistic. Here’s why.
Free cash flow at commercial aerospace huge
Boeing airplanes
has stabilized. Income, however, is all over the place. That doesn’t bother Wall Street, though—the stock is still attractive and the target price is moving higher.
Boeing airplanes
(code: BA) report loss of $1.75 a share. Wall Street is looking for a 20 cent loss. It was a big miss, but the stock was up 0.3% on the day. Investors are used to big misses from the company.