Boeing Reports Q3 Loss, Exceeds Revenue Estimates
Boeing (BA) reported a quarterly loss of $7.47 per share, compared to the Zacks Consensus Estimate of a loss of $3.85.
This quarterly report represents an earnings surprise of -94.03%. In the previous quarter, the company posted a loss of $1.24 per share, delivering a surprise of +19.48%.
- Quarterly loss: $7.47 per share
- Zacks Consensus Estimate: loss of $3.85 per share
- Earnings surprise: -94.03%
- Revenue: $23.27 billion, surpassing the Zacks Consensus Estimate by 6.09%
Boeing, which belongs to the Zacks Aerospace - Defense industry, posted year-ago revenues of $17.84 billion.
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Author's summary: Boeing reports Q3 loss, beats revenue estimates.