Companies

Boeing Shares Sink Despite Upbeat 2nd-Quarter Earnings

‘Change takes time, but we’re starting to see a difference in our performance across the business,’ Boeing CEO Kelly Ortberg said.
Boeing Shares Sink Despite Upbeat 2nd-Quarter Earnings
The Boeing logo at the company's factory in Renton, Wash. AP Photo/Lindsey Wasson
Andrew Moran
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Shares of U.S. aerospace giant Boeing fell by about 3 percent despite a better-than-expected second-quarter earnings report.

The latest earnings indicate that the company’s financial health, which has suffered over the past year, is improving under the leadership of CEO Kelly Ortberg.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."