Boeing Q2 EPS $(0.82) Beats $(0.84) Estimate, Sales $19.75B Beat $16.58B Estimate
Portfolio Pulse from Bill Haddad
Boeing reported Q2 losses of $(0.82) per share, beating the analyst consensus estimate of $(0.84) by 2.38%. The company's quarterly sales were $19.75 billion, surpassing the analyst consensus estimate of $16.58 billion by 19.13%. This represents a 121.62% decrease in losses and an 18.40% increase in sales compared to the same period last year.
July 26, 2023 | 11:30 am
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POSITIVE IMPACT
Boeing's Q2 results exceeded analyst estimates, which could positively impact the company's stock in the short term.
Boeing's better-than-expected Q2 results could lead to increased investor confidence, potentially driving up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100