Long term bearish outlook for Boeing (BA)
- Thread starter hajimow
- Start date
BoeingcustomerMonarchAirlines of Great Britain sank into bankruptcy Monday, a failure that hits the Chicago-based commercial aircraft maker on two fronts. Before its collapse,Monarchhad outstanding orders for 30 737 Max 8 jets — made atBoeing'sRenton manufacturing complex — Boeing's orders and deliveries website shows. (Puget Sound Business Journal)
Boeing Temporarily Prevails against Bombardier: What’s Next?
Canada Puts Boeing Defense Order on Hold
http://marketrealist.com/2017/10/ca.../?utm_source=yahoo&utm_medium=feed&yptr=yahoo
Canada Puts Boeing Defense Order on Hold
http://marketrealist.com/2017/10/ca.../?utm_source=yahoo&utm_medium=feed&yptr=yahoo
• Boeing Gets Into Vendor Finance
Boeing reportedly tried its hand at vendor finance last year. According to the FT, Boeing pumped more than $130 million into an offshore unit of British charter airline Monarch, enabling buyout specialists Greybull to go ahead with their acquisition of the company. Boeing wanted to ensure that Monarch honored a (heavily discounted) deal to take 30 of its new 737 MAX aircraft. Monarch was placed in administration last week having failed to turn itself around. Curiously, Monarch had exercised an option for a further 15 Boeing jets at the list price of $1.7 billion this summer, despite apparently being on the verge of collapse. The news will doubtless provoke wry smiles at Bombardier after all the hoo-hah over unethical dumping of its planes in the U.S. market. FT, metered access
Boeing reportedly tried its hand at vendor finance last year. According to the FT, Boeing pumped more than $130 million into an offshore unit of British charter airline Monarch, enabling buyout specialists Greybull to go ahead with their acquisition of the company. Boeing wanted to ensure that Monarch honored a (heavily discounted) deal to take 30 of its new 737 MAX aircraft. Monarch was placed in administration last week having failed to turn itself around. Curiously, Monarch had exercised an option for a further 15 Boeing jets at the list price of $1.7 billion this summer, despite apparently being on the verge of collapse. The news will doubtless provoke wry smiles at Bombardier after all the hoo-hah over unethical dumping of its planes in the U.S. market. FT, metered access
BA earnings 10/25/2017
Boeing Company ( BA ) is reporting for the quarter ending September 30, 2017. The aerospace and defense company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.65. This value represents a 24.50% decrease compared to the same quarter last year. In the past year BA has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 9.91%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BA is 26.08 vs. an industry ratio of 18.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Boeing Company ( BA ) is reporting for the quarter ending September 30, 2017. The aerospace and defense company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.65. This value represents a 24.50% decrease compared to the same quarter last year. In the past year BA has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 9.91%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BA is 26.08 vs. an industry ratio of 18.40, implying that they will have a higher earnings growth than their competitors in the same industry.
