Boeing's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Boeing (NYSE:BA) is set to release its quarterly earnings report on Wednesday, 2023-07-26. Analysts estimate an earnings per share (EPS) of $-0.84. Last quarter, the company missed EPS by $0.20, which was followed by a 1.48% increase in the share price. Shares of Boeing were trading at $215.87 as of July 24, with a 35.81% increase over the last 52-week period.
July 25, 2023 | 2:02 pm
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NEUTRAL IMPACT
Boeing is expected to report an EPS of $-0.84. Last quarter's EPS miss led to a 1.48% share price increase. The stock has seen a 35.81% increase over the last 52 weeks.
Boeing's earnings report is a significant event that could impact its stock price. Last quarter, despite missing EPS estimates, the stock price increased. This suggests that investors may have positive expectations for the company, despite the estimated negative EPS. However, the actual impact will depend on the reported earnings and the subsequent investor reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100