Boeing expects flat margins, possibly profit at commercial airplane division

Boeing expects flat or possibly positive margins this year for its commercial airplanes division, CFO Jay Malave said at the Bank of America Global Industrials Conference. No specific magnitude (bps or $) was provided; the guidance implies margin stabilization and is a modestly positive signal that could modestly influence Boeing's stock and sector peers.

Analysis

Boeing expects flat or possibly positive margins this year for its commercial airplanes division, CFO Jay Malave said at the Bank of America Global Industrials Conference. No specific magnitude (bps or $) was provided; the guidance implies margin stabilization and is a modestly positive signal that could modestly influence Boeing's stock and sector peers.