Boeing Q3 2023 EPS $(3.26) Misses $(2.96) Estimate, Revenue $18.1B Beats $18.014B Estimate
Portfolio Pulse from Benzinga Newsdesk
Boeing's Q3 2023 earnings per share (EPS) was $(3.26), missing the estimate of $(2.96). However, the company's revenue of $18.1B surpassed the estimate of $18.014B.
October 25, 2023 | 11:33 am
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NEUTRAL IMPACT
Boeing's Q3 2023 EPS missed the estimate, which could negatively impact investor sentiment. However, the company's revenue beat the estimate, which could offset some of the negative impact.
Earnings reports are a key indicator of a company's financial health and can significantly impact its stock price. In this case, Boeing's lower-than-expected EPS could negatively impact the stock. However, the higher-than-expected revenue could mitigate some of this impact, leading to a neutral overall score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100