Boeing is about to reveal just how much the 737 Max crisis hurt its business

The Boeing 737 Max crisis is a tragedy that has cost 346 lives. On Tuesday, investors will start to find out what it means for Boeing's bottom line. Boeing is set to report the number of planes it delivered during the quarter. The company didn't deliver any of its bestselling 737 Max planes in the last two weeks of the quarter, because it halted those deliveries following the global grounding of the 737 Max planes on March 13. Investors will be waiting to see if Boeing forecasts the costs of the grounding and halt of deliveries. Boeing doesn't normally give any dollar figures as part of its deliveries report, but this is not a normal time. It is one of the greatest crises in the company's history. Boeing is scheduled to report Q1 results on April 24, and then meet with shareholders April 29. But Tuesday's report is an early look at the financial costs of its 737 problem. The company could also provide some details on whether the grounding hurt orders for the plane, although the Q1 report generally focuses only on deliveries, not orders. So far only one airline, Indonesia's Garuda, has disclosed that it has cancelled an order for 50 of the jets. Although that order was worth $4.9b, it's a fraction of the backlog of 5,000 737 Max orders that Boeing has on its books. The 737 problem will extend far beyond Q1 results. "The 737 delay could last longer than previously expected," wrote Bank of America analyst Ronald Epstein in a note to investors Monday, in which he downgraded his recommendation on the stock. Epstein estimates the disruption to Boeing's business could last between six and nine months. He had previously forecast three to six months of disruption. He said he now predicts it will take Boeing until 2021 to catch up on promised aircraft deliveries.<br/>