Boeing will report Q2 earnings as CEO Ortberg leads a turnaround, with stock up 30% YTD. Revenue expected at $21.68B, a jump from last year. EPS is projected at a core loss of $1.40, with operating loss at $161.1M. Free cash flow expected to improve to $1.8B.

Boeing, once the largest plane maker, is rebounding from a rocky 2024 with Ortberg at the helm. Production issues led to a supplier crisis and a new CEO. Ortberg has slowed production to resolve issues and is gradually increasing output, aiming for 47 737 Max jets per month by mid-2026.

Recently, Boeing announced 150 commercial deliveries in Q2, including 102 737 Max jets. Ortberg is focusing on safety and a steady production increase. A recent Dreamliner crash in India is under investigation, with initial reports suggesting pilot error. Boeing faces challenges but remains on track for recovery.

Read more at Yahoo Finance: CEO Ortberg’s turnaround plan expected to roll on