Earning season
$Boeing(BA)$reported their first quarterly profit after 6 continuous quarters of loss, boosted by asurge in deliveries of commercial jetliners.
It swung to a Profit of $567 million for the second quarter from a net loss of $2.96 billion in the quarter a year ago.
Comparing with the analyst:
Adjusted EPS: 40 cents vs a per-share loss of 83 cents.
Revenue: $17 billion vs. $16.54 billion.
Based on its chart, it shows a strong uptrend, and it’s a good time to buy more.
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