Boeing’s Q3 Earnings Face Scrutiny Amid 777X Charge Concerns
Boeing shares have underperformed the S&P 500 by 13 percentage points since September, with investors bracing for potential multi-billion dollar charges related to delayed 777X certification. J.P. Morgan analyst Seth Seifman, ranked in the top 3% of Wall Street professionals, estimates a likely $4 billion impact from FAA-related delays.
The aerospace giant's free cash FLOW trajectory remains the critical metric for investors, overshadowing near-term earnings volatility. CEO Kelly Ortberg recently warned that minor certification delays could trigger disproportionate financial consequences, reflecting the program's complex operational and regulatory challenges.