Boeing(BA) Q2 Earnings Preview: What to Expect?

A big test for $波音 (BA.US)$ , 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 Wednesday, and management will hold an analyst call 10:30 a.m. ET. @moo_Live will sync the earning call to moo community for BA stockholders to get the first-hand info, come and listen!