Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
sharewise is moving On the weekend of 22/23 August the new sharewise becomes the main site. Have a look now and tell us what you miss. Go to the new sharewise What changes
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Boeing Stock Popped 6% on Earnings

TheMotleyFool 
0 0 31.01.24
Why Boeing Stock Popped 6% on EarningsPhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png
 

Boeing (NYSE: BA) shares powered ahead 6.3% through 11:30 a.m. ET after beating earnings on Wednesday morning.

Analysts had forecast the defense and aerospace giant would lose $0.72 per share, adjusted for one-time items, on sales of $19.5 billion. As it turned out, Boeing lost "only" $0.47 per share -- and its sales were billions ahead of expectations: $22 billion collected in Q4.

Boeing delivered 157 commercial airplanes to its customers in Q4 and recorded net orders for 611 aircraft, indicating strong prospects for future sales growth. Quarterly revenue rose 10% at the company, year over year. Operating profit margin and operating earnings flipped from negative to positive.

Continue reading


Source Fool.com

Boeing Co. Stock

€184.24
-3.140%
Heavy losses for Boeing Co. today as the stock fell by -€5.980 (-3.140%).
With 44 Buy predictions and 4 Sell predictions Boeing Co. is one of the favorites of our community.
With a target price of 230 € there is a positive potential of 24.84% for Boeing Co. compared to the current price of 184.24 €.
Show more
Like: 0
BA
Share

Comments

Not a member yet? Sign up for free!