PREVIEW: Boeing seen reporting 17.3% year-on-year revenue increase

Shares of Boeing Co BA.N rose by 0.8% amid a broader rally ahead of its qtrly results expected before the opening bell Weds

Aerospace co expected to post adj loss/shr of $1.27, compared with yr-ago qtr's $1.13 loss/sh, on rev of $19.43 bln, a 17.3% y/y increase, according to LSEG

BA has fallen short of analyst bottom line estimates four times over the last eight qtrs, per LSEG

On Tuesday, the planemaker announced it will sell portions of its Digital Aviation Solutions business to PE firm Thoma Bravo for $10.55 bln

On April 17, one of several BA jets which had been waiting for final work and a handover to a Chinese carrier was returned to the U.S. after Beijing ordered a halt to jet deliveries amid escalating Sino-U.S. trade tensions

Of 29 analysts covering BA, 19 rate stock "buy" or stronger, 8 recommend "hold," 2 have "sell" ratings - LSEG

Median 12-mo price target is $200.00, compared with current share price of $160.66

BA options imply a 6.2% swing for the shares, in either direction, by Fri, compared with the stock's 3.1% eight-quarter avg post-earnings move, according to Trade Alert

Including today's move, BA's stock is down >9% YTD compared with the Dow's .DJI near >8% decline so far this year