Boeing (BA) Q2 Earnings Preview: What to Expect?
A big test for $Boeing (BA.US)$, which has been in crisis mode since before Covid-19, as the grounding of its 737 Max jet hit the company hard. And with Boeing's aircraft cancellations outpacing new orders, analysts expect the company's revenues at $12.61 billion, suggesting a decline of almost 20% from the year-ago levels.
Similarly, the company's projected loss of $2.93 per share suggests a decline of 200.3% from the year-ago number.
What's more, Boeing reported a loss of $1.70 per share in first-quarter 2020, which deteriorated significantly from the year-ago quarter's earnings of $3.16. But despite this, Boeing is among the largest global aerospace manufacturers. Are you optimistic about the future of Boeing? ![]()
The Q2 Boeing earnings report is due before the market opens on Wednesday, and management will hold an analyst call at 10:30 a.m. ET. @moo_Live We will sync the earning call to the moo community for BA stockholders to get the first-hand info, come and listen!![]()
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