Cash Is King as Boeing Investors Look Past Rare Earnings Miss

Updated on
  • Free cash flow was $483 million; analysts expected outflows
  • Tanker charge causes first profit shortfall in five years

Boeing Co.’s siren call to investors has been its bountiful cash, and they responded again Wednesday even after the U.S. planemaker’s quarterly profit fell short of analysts’ estimates for the first time in five years.

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