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CLAIM #9117 · The Boeing Company (BA) · 2023Q3 earnings call · Oct 25, 2023 · due Dec 31, 2024

I do believe that as – I do believe next year will be better, and I do believe we'll exit next year better.

David Calhoun · CEO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
I do believe next year will be better, and I do believe we'll exit next year better.
Reported
The core loss per share was $5.90, primarily reflecting previously announced impacts of the IAM work stoppage and agreement, charges on certain defense programs, as well as costs associated with workforce reductions announced last year.

In context

the second half. And so this next year's first half free cash flow just still have some of 2023 elements lingering in it, but that the second half will be kind of run rating into more of what your stable looks like and maybe second half 2024 looks, the numbers look more like second half of 2022 type of free cash flow numbers. And we can comfortably think of that as run rating into your future? Brian West: Yes. No, all of that is going to have to be something we talk about in January. Right now, we have to get the non-conformance behind us. We have to be able to hit this delivery range that we've just described. And we have a lot to do, but confidence we'll get there. And then we'll describe the shape of next year at the right time. I just don't want to get too far ahead of ourselves. And I do believe that as – I do believe next year will be better, and I do believe we'll exit next year better. How that folds up between halves, you're just going to have to give us a little bit more time as we work our way through our planning cycle and we get to January. Dave Calhoun: Noah, if I could just maybe add one thing to make sure everybody knows what, at least what I'm all focused on. We're going to exit this year with a little more than 100 of the return-to-service airplanes that we had at the end of 2020. That is what our shadow factories are focused on in a big way to make sure that we can bleed that down to basically nothing by the end of next year. So the pace at which we bleed that down, we complete that rework, deliver all those airplanes dictates a lot about that cash flow. It gets better every month. But it's going to be all about the pace at which we can do it and transfer tha

Verify independently

SEC filings for BA · Claim quote is verbatim from the 2023Q3 earnings call.