Replies to post #217825 on Option Millionaires

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$BA,...Boeing turns sharply lower as lackluster cash flow disappoints

Boeing (BA -4.3%) has been sliding steadily despite beating Q3 earnings expectations, as investors focus on disappointing cash flow results, a metric it had said was one of the most important to watch for growth in the next few years.

"The lack of cash in 3Q and only a modest change to the operating cash guidance for the year are likely to disappoint," overshadowing strong operating performance in the divisions, RBC Capital analyst Robert Stallard says.

Analysts on Boeing's earnings conference call also expressed concern that the company’s planned production increases across its jet programs would delay a ramp-up in shareholder payments.

Boeing also said accumulated losses on the 787 program broke through the $25B barrier during Q3, a mark it had said it expected to hit next year and suggesting reducing costs on the program is taking longer than expected