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Mark Roussin: Boeing deliveries rise to 60 in May as recovery continues
Mark Roussin, founder and senior portfolio manager at Roussin Capital Management, points to a recovery for Boeing as its aircraft deliveries increased to 60 in May, up from 51 the previous month.
Roussin highlights that Boeing only recognizes revenue after planes are delivered, underlining the importance of this upward delivery trend.
Roussin has recently commented on other notable corporate developments. He reported that ZS beat earnings expectations with $1.08 EPS and $850 million in revenue, though its Q2 guidance fell short. Roussin also covered Berkshire Hathaway’s planned $6.8 billion acquisition of Taylor Morrison, which will leave the firm with $390 billion in cash reserves.
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