Shares of Boeing Co BA.N up ~0.9% ahead of its qtrly results expected before the opening bell Tues
Aerospace co expected to post adj loss/shr of $1.48, compared with yr-ago qtr's $2.90 loss/sh, on rev of $21.84 bln, a 29.5% y/y increase, according to LSEG
BA has fallen short of analyst bottom line estimates three times over the last eight qtrs, per LSEG
On July 27, union members who assemble BA's fighter jets voted to reject co's contract offer
On July 24, FAA determined fatal June 12 Air India crash did not appear to be due to a mechanical issue
On April 23, BA reported smaller-than-expected quarterly loss, CEO Kelly Ortberg vowed to protect planemaker from U.S.-China trade war
Of 28 analysts covering BA, 23 rate stock "buy" or stronger, remaining 5 recommend "hold" - LSEG
Median 12-mo price target is $252.50, 9.8% higher than a month ago
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 has surged >32% YTD compared with the Dow's .DJI >5% advance