Investors are wondering whether the aircraft manufacturing giant will review production plans after a series of scandals.

Boeing Co. plans to publish a report for Q1 2019 before the opening bell on April 24. The focus of financial markets will be on the company’s production plans for the flagship model 737 Max.

Experts note that identical 737 Max catastrophes with an interval of only 5 months can have negative consequences for the company’s financial future. Production may fall in the 2 of 2019. However, in 3 Q performance will begin to stabilize if the company succeeds in restoring consumer confidence.

Note that the manufacturer places high hopes on the new generation of aircraft, and argues that there is no alternative to this model. Over the next 5 years, about a third of the company’s revenues depend on the 737 Max.

Preliminary 1Q production data met analysts’ expectations. It is expected that the reduction in production will begin to affect the company from mid-April, due to the cancellation of delivery to a number of customers.

Profit. Analysts expect Boeing to report a profit of $3.23 per share to $ 3.8 per share. This compares with earnings per share in the first quarter of 2018, which was $3.64.

Income. The company’s revenue will be from $23.08 billion to $23.8 billion, which is also comparable with last year’s result – $23.4 billion.

It is worth noting that in 10 out of 10 recent quarterly reports, Boeing’s profit exceeded analysts’ forecasts, in 9 out of 10 cases, revenues also exceeded the forecast.

Shares of the company a week before the publication of the report are restoring after the plane crash in Ethiopia in March. The bulls managed to keep the support zone at $362-372. Growth goals with a favorable outcome of the events $390 and $415. A withdrawal below 362 will result in a further drop to $328.