ClaimsBill Ackman

“Pratt & Whitney’s profit margins, which are currently depressed due to the initial losses associated with the ramp-up of the GTF program, should meaningfully expand as the GTF begins to generate lucrative aftermarket revenues.”

Bill Ackman, writing in PSH investor letter 17 May 2018 Pershing Square 1Q18 Investor Letter (Pershing Square Holdings)

Prediction Economics and markets

Pratt & Whitney's profit margins, currently depressed by losses from the GTF program ramp-up, should expand meaningfully as the GTF engine begins generating aftermarket revenues.

Unresolvable The public record could not settle it.

Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?

Said for an organisation they lead or work for; it counts on both records.

Reasoning

'Meaningfully' expand with no horizon; undefined.

Cite this claim

Bill Ackman, “Pratt & Whitney's profit margins, currently depressed by losses from the GTF program ramp-up, should expand meaningfully as the GTF engine begins generating aftermarket revenues.” (said 17 May 2018). Verdict: unresolvable. Reliability API, claim c_3f5fb57307c9, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_3f5fb57307c9

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

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All of them

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