Q: What is Boeing (BA) Q4 2023 Earnings Call Transcript Summary?

TigerGPT
02-01
TigerGPT Answer:

Here are the specific viewpoints from earnings call

Bullish Points:

1. Revenue was $22 billion, up 10% year over year, driven by higher commercial volume and favorable mix.

2. Core loss per share improved to $0.47, better than last year, primarily due to improved commercial volume, better mix, and lower abnormal costs.

3. Free cash flow was $3 billion in the quarter, in line with the prior year and up sequentially from the third quarter.

4. Boeing Commercial Airplanes (BCA) booked 611 net orders in the quarter, with a backlog valued at $441 billion.

5. BCA delivered 157 airplanes in the quarter, up 13%, driven by higher wide-body deliveries and favorable mix.

6. Operating margin for BCA was just positive at 0.4%, showing a return to profitability.

7. 737 program delivered 396 airplanes for the year, on the upper end of the revised guidance range.

8. 787 program successfully transitioned production to five per month and plans to increase to 10 per month in the '25, '26 time frame.

9. 777X program resumed production and secured a significant order from Emirates, bringing the backlog to more than 400 airplanes.

10. Boeing Defense and Space (BDS) booked $8 billion in orders during the quarter, with a backlog now at $59 billion.

Bearish Points:

1. Boeing faced a grounding of the 737 MAX 9 following an incident with Alaska Airlines Flight 1282, leading to an apology and a focus on quality and safety.

2. The company is not issuing a financial outlook for 2024, indicating uncertainty and a focus on resolving current issues.

3. BCA's operating margin was low at 0.4%, suggesting there is still significant room for improvement.

4. Approximately 200 MAX airplanes remain in inventory, with delivery challenges particularly for the China and India markets.

5. Approximately 60 787 airplanes are in inventory, with about 50 requiring rework before delivery.

6. Boeing booked abnormal costs related to the 787 and 777X programs, although these are expected to wind down by year-end.

7. BDS operating margin was minus 1.5% in the quarter, indicating more work is needed to improve profitability.

8. 4Q results were impacted by cost true-ups on three fixed-price development programs totaling $139 million.

9. Unfavorable performance and mix on other programs affected 4Q results.

10. Despite progress, the defense portfolio still saw negative margin trends in the fourth quarter.

For more information about Boeing(BA)'s earnings call, you can read the relevant news: Boeing (BA) Q4 2023 Earnings Call Transcript.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Sonsonkok
    02-02
    Sonsonkok

    Great ariticle, would you like to share it?

    • TigerGPT

      I apologize, but I couldn't find a specific article summarizing Boeing's Q4 2023 Earnings Call Transcript. However, I can provide you with some relevant news articles related to Boeing's financial performance during that period:

      Boeing Reports Fourth-Quarter Results: This article highlights Boeing's financial results for the fourth quarter of 2022, including operating cash flow and free cash flow.

        

      Boeing Reports Third Quarter Results: This article provides an overview of Boeing's financial performance in the third quarter of 2023, including guidance for operating cash flow and free cash flow.

        

      The Boeing Company (BA) Q3 2023 Earnings Call Transcript: This transcript covers the earnings call for Boeing's third quarter of 2023, discussing various financial aspects of the company.

        

      Please note that these articles may not specifically summarize the Q4 2023 Earnings Call Transcript, but they provide insights into Boeing's financial performance during that period.

  • junkow
    02-02
    junkow
    Great ariticle, would you like to share it?
    • TigerGPT

      I apologize, but I couldn't find a specific article summarizing Boeing's Q4 2023 Earnings Call Transcript. However, I can provide you with some relevant news articles related to Boeing's financial performance during that period:

      Boeing Reports Fourth-Quarter Results: This article highlights Boeing's financial results for the fourth quarter of 2022, including operating cash flow and free cash flow.

        

      Boeing Reports Third Quarter Results: This article provides an overview of Boeing's financial performance in the third quarter of 2023, including guidance for operating cash flow and free cash flow.

        

      The Boeing Company (BA) Q3 2023 Earnings Call Transcript: This transcript covers the earnings call for Boeing's third quarter of 2023, discussing various financial aspects of the company.

        

      Please note that these articles may not specifically summarize the Q4 2023 Earnings Call Transcript, but they provide insights into Boeing's financial performance during that period.

  • TCHJERRY
    07-30
    TCHJERRY
    what is the outlook for klic
    • TigerGPT

      Kulicke & Soffa (KLIC) Stock Analysis:

      Business and Industry Outlook: Kulicke & Soffa is a global provider of semiconductor packaging and electronic assembly solutions. The company operates in the semiconductor industry, which is expected to experience growth in the coming years due to increasing demand for electronic devices, advancements in technology, and the expansion of 5G networks. As the industry evolves, Kulicke & Soffa aims to capitalize on emerging trends and maintain its position as a leading provider of advanced packaging solutions.

        

      Earnings and Forecast: In the latest earnings report, Kulicke & Soffa reported a loss per share of $1.83 for the second quarter of 2024. However, it's important to note that earnings can fluctuate in the semiconductor industry due to the cyclical nature of the business. Looking ahead, analysts forecast an improvement in earnings for the company. The earnings forecast for FY2025 is an estimated EPS of $2.32 (USD), with a forecasted gross income of $890.00 million (USD) and forecasting EBIT of $119.27 million (USD). For FY2026, the forecasted EPS is $2.52 (USD), with a forecasted gross income of $1.01 billion (USD) and forecasting EBIT of $154.80 million (USD).

        

      Trend Analysis: The stock price of Kulicke & Soffa has recently been trading around $46.2 (USD) as of July 30, 2024. The support price on July 26, 2024, was $46.52 (USD), indicating a level of support for the stock. The resistance price on the same date was $46.9 (USD), representing a level of resistance. The average cost on July 26, 2024, was $47.37 (USD). It's important to monitor the stock's price movement and observe any significant changes in the trend.

        

      Valuation Analysis: Analysts have provided target price estimates for Kulicke & Soffa. The mean target price is $54.75 (USD), with a low estimate of $47.0 (USD) and a high estimate of $65.0 (USD). It's worth noting that target prices are subjective and can vary among analysts. Additionally, the analyst recommendation for the stock is 2 buy and 3 hold, indicating a mixed sentiment among analysts.

        

      Capital Flow Analysis: The recent capital flow data for Kulicke & Soffa shows fluctuations in the inflow and outflow of capital. Over the past five days, there have been both inflows and outflows of varying magnitudes. It's important to consider the overall trend of capital flow and its potential impact on the stock's price movement.

        

      Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in the stock market carries inherent risks, and it's essential to conduct thorough research and analysis before making any investment decisions.

  • WernerBilly
    02-01
    WernerBilly
    Agree with bullish points! 🚀
    • TigerGPT

      That's great to hear! The positive points from Boeing's Q4 2023 earnings call indicate some encouraging developments for the company. It's always important to consider multiple perspectives and conduct thorough research before making any investment decisions. If you have any more questions or need further assistance, feel free to ask!

  • rosyadi
    02-03
    rosyadi
    Artikel yang bagus, apakah Anda ingin membagikannya?
    • TigerGPT

      I apologize, but I couldn't find any specific articles summarizing Boeing's Q4 2023 earnings call transcript. However, I can provide you with some recent news articles related to Boeing. Please note that these articles may not specifically summarize the earnings call transcript:

      Boeing Urges 737 MAX Inspections for Possible Loose Bolt - FAA: The Federal Aviation Administration (FAA) announced that Boeing is urging airlines to inspect newer 737 MAX airplanes for a possible loose bolt in the rudder control system.

        

      Boeing Secures First Dreamliner Delivery to China Since 2019: Juneyao Air has ended Boeing's 787 delivery drought to China, which is seen as a precursor to a breakthrough for the 737 Max.

        

      Top Calls on Wall Street: Nvidia, Amazon, Netflix, Salesforce, Micron, and More: This article highlights the top calls made by analysts on Wall Street, including an upgrade of Salesforce by Morgan Stanley.

        

      Please note that these articles may not provide a comprehensive summary of Boeing's Q4 2023 earnings call transcript. For more detailed information, I recommend referring to official sources such as Boeing's investor relations website or financial news platforms that cover earnings call transcripts.

      Remember, the information provided is for reference purposes only and should not be considered as investment advice.

  • KSR
    02-02
    KSR
    👍
    • TigerGPT

      I'm glad you found the information helpful! If you have any more questions or need further assistance, feel free to ask.

Leave a comment
12
1308