格隆汇1月27日｜波音(BA.US)盘前涨2.2%，第四财季调整后自由现金流超出预期。 ...

每经AI快讯，1月27日，波音股价盘前上涨2.2%。 ...

格隆汇1月27日｜波音：2025年Q4调整后自由现金流为3.75亿美元，预期为2.719亿美元。Q4财报包含因 数字航空解决方案交易产生的96亿美元收益。Q4营收239.48亿美元，上年同期152.42亿美元，同比增长 57%，市场预期223.2亿美元。按GAAP计算，净利润82.20亿美元，去年同期为亏损38.61亿美元；调整 后每股收益10.23美元，去年同期为亏损5.46美元。总积压订单增长至创纪录的6820亿美元，其中包括截 至第四季度末的6100多架商用飞机。787项目已开始将产量过渡到每月8架，并仍专注于将产量稳定在这 一水平。仍预计首架777-9飞机将于2027年交付。本季度737项目产量将提高至每月42架。商用飞机在第 四季度净订单达336架。 ...

Core Insights - Boeing reported a profit in the fourth quarter, driven by the sale of its navigation software services provider, increased jet output, and stronger deliveries [1] Company Performance - The profit was attributed to the successful sale of navigation software services, indicating a strategic move to enhance revenue streams [1] - Rising jet output suggests an increase in production capacity, which may lead to improved market positioning [1] - Stronger deliveries reflect a positive trend in customer demand and operational efficiency [1]

Exhibit 99.1 | Table 1. Summary Financial | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | Results | Fourth Quarter | | | Full Year | | | | (Dollars in Millions, except per share data) | 2025 | 2024 | Change | 2025 | 2024 | Change | | Revenues | $23,948 | $15,242 | 57% | $89,463 | $66,517 | 34% | | GAAP | | | | | | | | Earnings/(loss) from operations | $8,777 | ($3,770) | NM | $4,281 | ($10,707) | NM | | Operating margins | 36.7 % | (24.7)% | NM | 4.8 % | (16.1)% | NM | | Net earnings/(loss) | $8 ...

Market Sentiment - The CNN Money Fear and Greed index showed an improvement in overall market sentiment, remaining in the "Neutral" zone with a reading of 55.3, up from 53.7 [5][6] - U.S. stocks settled higher on Monday, with the Dow Jones index gaining over 300 points, closing at 49,412.40, while the S&P 500 rose 0.50% to 6,950.23 and the Nasdaq Composite gained 0.43% to 23,601.36 [4] Company Performance - Revolution Medicines Inc (NASDAQ:RVMD) shares dropped 17% following reports that Merck is no longer in discussions to acquire the company [2] - Steel Dynamics Inc (NASDAQ:STLD) reported downbeat earnings for the fourth quarter [2] Economic Data - The Chicago Fed National Activity Index improved to -0.04 in November from -0.42 in October [3] - U.S. durable-goods orders rose 5.3% month-over-month in November, following a revised 2.1% decline in October, exceeding market estimates of a 3.7% increase [3] Sector Performance - Most sectors on the S&P 500 closed positively, with communication services, information technology, and utilities stocks recording the biggest gains, while consumer discretionary and consumer staples stocks closed lower [4]

Core Viewpoint - U.S. stock futures are mixed, with several companies expected to report earnings that may attract investor attention today [1] Group 1: Earnings Reports - General Motors Co (NYSE:GM) is expected to report quarterly earnings of $2.20 per share on revenue of $45.80 billion, with shares falling 0.5% to $79.05 in after-hours trading [1] - W R Berkley Corp (NYSE:WRB) reported quarterly earnings of $1.13 per share, meeting analyst expectations, while sales of $3.721 billion exceeded estimates of $3.661 billion, leading to a 1.2% increase in shares to $67.71 [1] - Boeing Co (NYSE:BA) is anticipated to post a quarterly loss of 39 cents per share on revenue of $22.47 billion, with shares rising 0.1% to $248.52 in after-hours trading [1] - Nucor Corp (NYSE:NUE) reported quarterly earnings of $1.73 per share, missing the consensus estimate of $1.91 per share, and sales of $7.687 billion also fell short of the $7.868 billion estimate, resulting in a 3.1% decline in shares to $172.13 [1] - UnitedHealth Group Inc (NYSE:UNH) is expected to report quarterly earnings of $2.10 per share on revenue of $113.82 billion, with shares dropping 8.7% to $321.22 in after-hours trading [1]

（来源：中国航空报） 更广泛的背景还包括新加坡与美国长期的防务关系，以及涵盖空军和海军领域的一系列部队现代化计划。P-8A的采购决定是在高级别双边会晤中宣布的， 此次会晤重申了1990年签署的谅解备忘录（最近一次续签是在2019年）下的合作，同时美国也继续支持新加坡武装部队的训练分遣队和联合行动，例如，在 爱达荷州举行的"锻造军刀"演习。与此同时，新加坡确认其20架F-35战斗机的生产已经开始，预计将于2026年底开始交付。此外，新加坡还表示，其海军现 代化计划包括建造"无敌"级潜艇、多用途作战舰艇、近海巡逻舰，以及升级装备"蓝矛"导弹的"可畏"级护卫舰。 波音P-8A"海神"反潜巡逻机源自美国海军的多任务海上飞机项目。该项目是在P-7项目取消后启动的，用以取代P-3C"猎户座"反潜巡逻机。2004年5月，波音 公司被选中基于737-800平台开发海上巡逻机，合同价值约150亿美元，至少生产108架飞机。首架测试飞机于2009年4月25日首飞，首架生产型飞机于2012年 3月交付美国海军，并在逐步提升反潜和反水面作战能力后，于2014年获准全面投产。截至2025年5月，已为美国及国际用户生产了超过185架P- ...

Group 1 - Boeing has experienced significant stock movement recently, and despite potential challenges in upcoming earnings reports, it is not recommended to sell the stock as it is viewed as the beginning of a multi-year turnaround [1] - The company designs and builds a variety of products including commercial aircraft, defense systems, and space technologies, with a focus on cash flow as a key metric for investment decisions [2] - Management has indicated that cash flow will be higher than expected, which has led to aggressive buying recommendations even during stock price declines [2] Group 2 - There is a belief that certain AI stocks may offer greater upside potential compared to Boeing, suggesting a competitive landscape for investment opportunities [3]

Could the airplane manufacturer finally go back to providing delivery or financial guidance? ...