Boeing is expected to report third-quarter earnings before the market opens on Wednesday.
Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washingtonis expected to report third-quarter earnings before the market opens on Wednesday, as the aerospace giant faces a crisis with its top-selling 737 Max aircraft line.EPS: $2.09 a share according to a Refinitiv survey of Wall Street analysts.The company has been under scrutiny after two deadly Boeing 737 Max crashes killed a combined 346 people in the past year. Boeing took a $4.
But, although Boeing has developed a software fix for the implicated flight-control system that misfired in both crashes, federal regulators have yet to set a timeline for the certifying the 737 Max for flight. Additionally, last week the public learned thatwith the flight-control systems. That pilot, Mark Forkner, said in an email to an FAA official that he was "jedi mind-tricking regulators into accepting training the training that I got accepted by FAA etc.
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