Boeing Earnings: Here’s What To Expect
- Stock Price Stickiness. Global asset management firm AllianceBernstein classifies Boeing as a “price-sticky” stock.
- Recent Earnings Track Record. TipRanks’ earnings tracker conveys that Boeing’s been one of the big earnings laggers over...
- Key Talking Points. Boeing’s order book seemingly keeps on growing as it has received numerous...
What to expect from Boeing's Q2 earnings?
Investors will focus on how Boeing is addressing its quality issues, as well as its financial performance, when it reports earnings before the market on July 28, 2021 for Q2 FY 2021. 4 Analysts expect the company to report its seventh straight quarterly adjusted loss per share.
What do analysts expect from Boeing stock in FY 2022?
For full-year FY 2022, analysts expect Boeing to report its first positive annual adjusted earnings per share ( EPS) since FY 2018. Annual Revenue is forecast to climb 29.0%, which would be its fastest pace in at least five years. 5 Source: Visible Alpha; Boeing .
Is Boeing’s adjusted earnings per share positive?
Boeing has struggled to report positive adjusted earnings per share (EPS) for years. In the past 10 quarters, Boeing has reported only three periods of positive adjusted EPS, two of those prior to pandemic. The widest loss was in Q4 FY 2020, when Boeing reported and adjusted loss of $15.25 a share.
How has Boeing's stock performed over the last year?
Shares of Boeing have provided a total return of 32.7% over the past year, below the S&P 500's total return of 36.5%. Source: TradingView. The stock sank after Boeing missed analysts' expectations for Q1 FY 2021.
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What is the future outlook for Boeing?
The 21 analysts offering 12-month price forecasts for Boeing Co have a median target of 200.00, with a high estimate of 298.00 and a low estimate of 160.00. The median estimate represents a +26.64% increase from the last price of 157.93.
What is the target price for Boeing?
Stock Price TargetsHigh$298.00Median$200.00Low$160.00Average$211.93Current Price$157.79
Is Boeing bullish?
However, Boeing is very bullish on the recovery in air traffic which is bolstering the demand for its planes as airlines return to ramping up their fleets. Prudent investors looking for exposure in the recovery of air travel can look for opportunistic pullbacks in Boeing.
What time are BA earnings?
BA last reported earnings on July 27, 2022 before the market opened (BMO). The company held a conference call for investors at 10:30 AM eastern on the same day.
Is Boeing a buy sell or hold?
Boeing's analyst rating consensus is a 'Strong Buy. This is based on the ratings of 13 Wall Streets Analysts. When is Boeing's upcoming earnings report date? Boeing's upcoming earnings report date is Oct 25, 2022 which is in 47 days.
Is BA good stock to buy?
(NYSE: BA) Boeing Co's forecast annual revenue growth rate of 16.9% is forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 16.15%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.09%. Boeing Co's revenue in 2022 is $60,743,000,000.
Is Boeing a good buy now?
About 83% of analysts covering Boeing stock rate shares Buy. The average Buy-rating ratio for stocks in the S&P 500 is about 58%. The Buy-rating for Boeing share was 75% to start 2022 and about 57% a year ago. The Street is getting more positive.
Is Boeing undervalued?
At this time, the firm appears to be undervalued. Our model approximates the value of Boeing Company from analyzing the firm fundamentals such as profit margin of (8.69) %, and Return On Equity of 0.0014 % as well as examining its technical indicators and Probability Of Bankruptcy.
Why are Boeing stocks down?
Coming into Tuesday trading, Boeing (ticker: BA) stock is down about 38% so far this year. The shares have fallen about 26% since management released first-quarter results that missed Wall Street's expectations, partly because of charges taken in the company's defense business.
Is Boeing a good stock buy now?
Boeing (BA 0.94%) stands out in the aerospace sector. While many stocks in the sector have outperformed the market in 2022, and a few (Raytheon Technologies, AAR Corp, and Hexcel) are actually in positive territory, Boeing stock is down a whopping 36% in 2022, and 48% over the last year.
Is BA stock undervalued?
At this time, the firm appears to be undervalued. Our model approximates the value of Boeing Company from analyzing the firm fundamentals such as return on equity of 0.0014 %, and Profit Margin of (8.69) % as well as examining its technical indicators and Probability Of Bankruptcy.
Why is Boeing stock price dropping?
Coming into Tuesday trading, Boeing (ticker: BA) stock is down about 38% so far this year. The shares have fallen about 26% since management released first-quarter results that missed Wall Street's expectations, partly because of charges taken in the company's defense business.
What is the book value of Boeing stock?
Boeing Co's current price is $154.48. Its book value per share for the quarter that ended in Jun. 2022 was $-25.09.
When will Boeing report earnings?
Investors will focus on how Boeing is addressing its quality issues, as well as its financial performance, when it reports earnings before the market on July 28, 2021 for Q2 FY 2021. 4 Analysts expect the company to report its seventh straight quarterly adjusted loss per share. However, revenue is expected to rise for the first time since the final quarter of FY 2018. 5
What is Boeing's financial performance in 2021?
Analysts expect significant improvement in Boeing's financial performance in Q2 FY 2021. The company's adjusted loss per share is expected to narrow considerably compared to the same quarter a year earlier. However, it would be the seventh straight quarter of adjusted losses per share. Revenue is expected to rise 43.1%, which would be the first revenue growth in ten quarters. For full-year FY 2021, analysts are currently expecting Boeing to post its third straight annual adjusted loss per share, although it is estimated to be significantly less than the previous year's. Annual revenue is expected to rise 32.8%, which would be the first growth since FY 2018. 5
What happened to Boeing stock in 2021?
The stock sank after Boeing missed analysts' expectations for Q1 FY 2021. The company posted its sixth straight quarterly adjusted loss per share as revenue fell 10.0% year over year ( YOY ), marking the ninth straight quarter of declining revenue. 5 Boeing said that lower 787 deliveries and commercial services volume contributed to the revenue decline, which was partially offset by higher 737 deliveries. 7
Is Boeing a loss in 2020?
In Q4 FY 2020, Boeing missed analysts' adjusted earnings per share ( EPS) estimates by a wide margin despite beating revenue expectations. The company posted its biggest adjusted loss per share in at least 14 quarters. Revenue fell 14.6% compared to the year-ago quarter. 5 Boeing said that its financial results were significantly impacted by the pandemic as well as the grounding of the 737 MAX. However, the company also noted that the 737 MAX received regulatory approval to return to service after being grounded for nearly two years . 8 9
Is Boeing's commercial airplane deliveries a key metric?
Investors will also focus on Boeing's commercial airplane deliveries, a key metric that measures the level of demand for one of the company's main products. Analysts expect a sharp rise in deliveries compared to the year-ago quarter. But total deliveries are likely to be below their levels both prior to the peak of the pandemic, and before the grounding in early 2019 of the 737 MAX aircraft following two fatal crashes. 6 5
Is Boeing stock volatile?
But the stock's underperformance is only recent. The stock has been extremely volatile throughout the past year, but was able to sustain a period of outperformance from early February through the first few weeks of July. Shares of Boeing have provided a total return of 32.7% over the past year, below the S&P 500's total return of 36.5%.
Is revenue expected to rise in FY 2018?
Revenue is expected to rise for the first time since the final quarter of FY 2018 amid a recovery in demand for commercial aircraft following last year's COVID-19 shock.
When will Boeing report earnings for Q3 2021?
Investors will look at how Boeing is overcoming these issues to ensure its continuing recovery when it reports earnings for Q3 FY 2021 before market open on Oct. 27. 4 In Q3, analysts expect Boeing to report a dramatic narrowing of adjusted losses per share compared to the same quarter a year earlier. Revenue is expected to show a healthy gain year-over-year (YOY), though slower than Q2 FY 2021. 5
How many Boeing airplanes will be delivered in 2020?
These quality issues have hampered the speed with which Boeing's commercial airplane deliveries recovered from the pandemic. The company dropped to a low of just 20 commercial airplanes delivered in Q2 FY 2020, down 77.8% from Q2 FY 2019 and down nearly 90% from 194 commercial airplanes delivered in Q2 FY 2018. Since that low point, commercial airplane deliveries have improved each quarter sequentially, up to 79 deliveries for Q2 FY 2021. Analysts forecast that this trend will continue, with 96 commercial airplanes delivered for Q3 FY 2021. This would be more than triple the number of commercial aircraft delivered in the prior-year quarter. 5
Is Boeing stock volatile?
Boeing stock has been highly volatile, underperforming the broader market in the last year. In November 2020, the stock staged a massive rally through early December, then declined through late January 2021. At this point, Boeing stock climbed once again to a high point in March. Since then, shares have gradually slipped downward, with sporadic modest upticks along the way. Boeing shares have provided a 1-year trailing total return of 26.0%, behind the total return of 31.6% for the S&P 500.
Does Boeing make commercial planes?
As mentioned above, Boeing's commercial airplane deliveries are also a key metric watched by investors. Boeing manufactures both commercial and military aircraft. Demand for the former type is much more sensitive to economic conditions whereas demand for the latter depends on government policy decisions regarding its military program. Commercial airplane deliveries have begun to rise amid rising travel demand as the threat from the pandemic has eased in the U.S. But production and deliveries have been slowed in recent years by the lengthy grounding of Boeing's 787 Max jets, and most recently, by parts defects in 787 Dreamliner. 3
