Boeing forecast for defense margins clouds profit beat, shares drop

Boeing Co reported better-than-expected profit and revenue on Wednesday, but cut the full-year forecast for its defense business margins, citing $426 million in higher costs on its long-delayed KC-46 aerial refueling tanker program.

…read more

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News