Boeing Shares Post Biggest Intraday Drop in 18 Months After Cutting Full-Year Delivery Outlook
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Boeing lowered its full-year commercial aircraft delivery outlook, saying it will miss its full-year production target of 500 737s, with 787 deliveries expected at around 90 aircraft, at the low end of its own guidance range. Affected by this downgrade and a larger-than-expected loss in its commercial aircraft business, its share price fell about 10% intraday, marking its largest intraday decline in 18 months since April 3, 2025. Its third-quarter 2026 results, released at the same time, showed quarterly revenue of $24.2 billion, up 4% year on year, with a core loss of 34 cents per share, exceeding the Bloomberg consensus estimate of a 21-cent loss. Multiple investment banks noted that Boeing's commercial aircraft business continues to post losses, and the recovery of its cash flow remains uncertain.
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- ZeroHedgeBoeing Shares Post Biggest Drop in 18 Months After Delivery Cut
Boeing lowered its full-year commercial aircraft delivery outlook, saying it will miss its 500 737 production target and that 787 deliveries are at the low end of guidance, sending shares down roughly 10% intraday for their biggest drop in 18 months. Boeing posted Q3 revenue of $24.2 billion, up 4% year-over-year, with a core loss of 34 cents per share, wider than the 21-cent loss expected by Bloomberg consensus. Multiple investment banks noted ongoing losses in its commercial aircraft business and uncertainty around cash flow recovery.
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