5 Things Boeing's Management Wants You to Know
Last Wednesday, Boeing (NYSE: BA) reported strong second quarter earnings results and raised its 2017 outlook for earnings and cash flow. Bullish investors reacted by sending the stock up 14% for the week. Boeing stock is now up 55% year-to-date, making it by far the best performer among the 30 companies listed in the Dow Jones Industrial Average.
Following the Q2 earnings release, Boeing's management provided more details on the aerospace giant's plans and expectations for the next several years. Management's bullish pronouncements during the earnings call likely contributed to the big share price gains at Boeing last week.
We continue to expect operating cash flow to grow annually through the end of the decade, and we remain committed to returning approximately 100% of free cash flow to investors.
-- Boeing CFO Greg Smith
Source: Fool.com
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