The exciting news about Boeing (NYSE: BA) will be shared on Wednesday 23rd October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
It appears that the business is on the verge of revealing their estimated $8.11 loss per share for the quarter, as well as their total revenue of $17.91 billion for this specific period, according to financial experts on Wall Street.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $70.11 billion. Additionally, they expect the company to post loss of $12.26 per share for the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share loss of $3.26. This numbers can be credited to the company's total revenue, which amounted to an impressive $18.1 billion during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-2.90 | -253.7% | 16.87 B | -14.6% |
| Q1 2024 | $-1.13 | +11.0% | 16.57 B | -7.5% |
| Q4 2023 | $-0.47 | +73.1% | 22.02 B | +10.2% |
| Q3 2023 | $-3.26 | +47.2% | 18.10 B | +13.5% |
| Q2 2023 | $-0.82 | -121.6% | 19.75 B | +18.4% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 23rd October 2024 at 10:30 AM eastern time, in a conference call with public.
The trading day saw Boeing (BA) shares trading between $158.36 and $163.44, besides a volume of 12.97 million shares. The stock closed Monday's regular trading session at $159.82, marking 3.11 percent advance.
