Boeing (BA) was ꦅthe best-performing stock in the Dow after the plane maker reported a lower-than-expected quarterly loss and a big jump in aircraft deliveries.

Boeing posted a fiscal 2023 second quarter loss of $0.82 per share, with revenue up 18% to $19.75 billion.澳洲幸运5官方开奖结果体彩网: Free cash flow came in at $2.6 billion. All three were better than analysts’ estimates.

Deliveries at the commercial airplane division rose 12% to 13🔯6, and revenue soared 41% to $8.84 billion. The defense, space, and security unit had sales of $6.17 billion, virtually the same as a year ago. Global services revenue added $4.75 billion, a gain🍃 of 10%.

CEO Dave Calhoun said the company is “well positioned to meet the operational and financial goals we set for this♏ year and for the long🦹 term.” He added that because of strong demand, Boeing is “steadily increasing our production rates and growing investments in our people, products, and technologies.”

Boeing noted it was ramping up manufa꧙cturing of its best-selling 737 Max aircraft to 38 a month from 31, and from three to four ꦦa month for the 787 Dreamliner.

Shares of Boeing jumped over 8% on Wednesday to their highest level since November 2021 following the news.