Boeing Co reports results for the quarter ended December 31 - Earnings Summary

• Boeing Co BA.N reported a quarterly adjusted loss of $5.90​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -47 cents. The mean expectation of twenty two analysts for the quarter was for a loss of $3.00 per share. Wall Street expected results to range from $-5.96 to 22 cents per share.

• Revenue fell 30.8% to $15.24 billion from a year ago; analysts expected $16.21 billion.

• Boeing Co's reported EPS for the quarter was a loss of $5.46​.

• The company reported a quarterly loss of $3.87 billion.

• Boeing Co shares had fallen by 1.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 73.5% in the last three months.​

• In the last 30 days, eleven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for Boeing Co is $200.00

This summary was machine generated from LSEG data January 28 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)