Boeing delivered 105 jets in the third quarter, including 69 MAX jets. Wall Street was looking for 118 jets delivered, including about 77 MAX jets.
Boeing released its September delivery numbers today. They aren’t that good, but investors don’t appear concerned. There is a good reason.
That brings third-quarter numbers to 105 jets delivered, including 69 MAX jets. Wall Street was looking for 118 jets delivered, including about 77 MAX jets. The numbers look light. The reason for the positive move isn’t that hard to figure out. Investors were already pretty glum on the quarter, thanks to falling Wall Street numbers.
Falling delivery numbers led to reduced sales estimates as well. Wall Street expects Boeing will report third-quarter sales of about $18.5 billion, down from the $20 billion expected a few weeks ago. Boeing reported $16 billion in sales in the third quarter of 2022. Boeing also delivered 112 planes in the third quarter of 2022.
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