Here's Something You Might Have Missed About Boeing's Big Q4 Loss
One little-noticed comment by Boeing warns of a risk that could depress cash flow for years.
It's been about a week now since Boeing (NYSE: BA) reported its Q4 earnings, and... so far, so good.
Although Boeing's earnings report was objectively disappointing, with losses more than three times the amount that Wall Street had forecast, Boeing shares perked up on hopes that the worst news may now be in the rearview mirror. Last week, Boeing shares continued to move higher in fits and starts, finally closing Thursday about $10 above their pre-earnings price.
But are investors right to be so optimistic about Boeing?
