Will Boeing Stock Take Off On Q2 Earnings — Or Remain Grounded? What Investors Should Know Before The Report
Portfolio Pulse from Adam Eckert
Boeing Co (NYSE:BA) is set to report its Q2 earnings this week, with analysts expecting a loss of $1.76 per share and revenue of $17.266 billion. The company has faced scrutiny due to flight incidents and CEO Dave Calhoun's upcoming departure. Analysts have mixed ratings, with some lowering price targets. Boeing shares are down 28% YTD.
July 30, 2024 | 5:39 pm
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NEUTRAL IMPACT
Boeing is set to report Q2 earnings with expected losses and revenue of $17.266 billion. The company has faced scrutiny due to flight incidents and CEO Dave Calhoun's upcoming departure. Analysts have mixed ratings, with some lowering price targets. Boeing shares are down 28% YTD.
Boeing's upcoming Q2 earnings report is critical given the company's recent challenges, including flight incidents and CEO departure. Analysts have mixed ratings, indicating uncertainty. The stock's 28% YTD decline reflects investor concerns. Short-term impact is neutral as the market awaits the earnings report.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100