A Glimpse of Boeing's Earnings Potential

Boeing BA is gearing up to announce its quarterly earnings on Wednesday, 2024-10-23. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Boeing will report an earnings per share (EPS) of $-1.49.

Investors in Boeing are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Performance in Previous Earnings

The company's EPS missed by $1.14 in the last quarter, leading to a 6.45% drop in the share price on the following day.

Here's a look at Boeing's past performance and the resulting price change:

Market Performance of Boeing's Stock

Shares of Boeing were trading at $159.82 as of October 21. Over the last 52-week period, shares are down 10.46%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Boeing visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.