👀 Ones to watch: Undervalued stocks to buy before they report Q3 earningsSee Undervalued Stocks

Boeing gains after in-line deliveries in July

Published 08/13/2024, 01:35 PM
© Reuters
BAC
-

Investing.com -- Boeing climbed Tuesday after delivering 43 aircraft in July, that was in-line with expectations, supported by a "burst of activity" at last month's Farnborough Airshow, analysts at TD Securities said in a note. 

Boeing Co (NYSE:BA) rose more than 1% in recent trading.  

The deliveries in July "slightly lagged" CFO Brian West's Q2 call comment that 737 deliveries would be similar to June's 44 aircraft delivered, the analysts said, but the company 's 72 adj. net orders were "strong."

Boeing delivered 32 737s in July, which including 31 737 Max's, compared with 35 737s in June, 19 737s in May, and 16 737s in April. 

Rival aircraft maker Airbus delivered 77 aircraft in July, and registered 57 net orders.

Airbus delivered 77 aircraft in July, down from 67 aircraft in June and 53 aircraft in May.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.