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What Analysts Think of Boeing Stock Ahead of Earnings

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Key Takeaways

  • Struggling plane maker Boeing is slated to post fourth-quarter results before the opening bell Tuesday.
  • Boeing issued preliminary results Thursday, saying it anticipates reporting a Q4 loss of $5.46 per share—far widen than consensus estimates.
  • Boeing said it felt the impact of a nearly two-month strike that ended in November.

Boeing (BA) is set to post its fourth-quarter report before the opening bell Tuesday, days after the struggling plane maker issued preliminary results including a far wider loss than analysts had been expecting.

On Thursday, Boeing said it anticipates reporting a Q4 net loss of $5.46 per share on revenue of $15.2 billion. Consensus estimates compiled by Visible Alpha call for a loss of $2.24 per share on 🧔revenue of $16.3 billion.

The quarterly results will be Boeing's first since the November end of a 澳洲幸运5开奖号码历史查询:nearly two-month strike by its union machinists that halted production at several facilities. During the strike, the company announced 澳洲幸运5开奖号码历史查询:cost-cutting measures, including 澳洲幸运5开奖号码历史查询:substantial layoffs.

Boeing's troubles accelerated after a midair incident aboard an 澳洲幸运5开奖号码历史查询:Alaska Airlines (ALK) flight in early January last year, when a door plug blew off on a 737 MAX plane. Shares had been trading around $250 befor😼e tumbling to as low as about $137 in November.

Still, analysts are generally bullish on Boeing's stock, with seven 澳洲幸运5开奖号码历史查询:"buy" and two "hold" ratings among those tracked by Visible Alpha. Analysts have an average 澳洲幸运5开奖号码历史查询:price target of 𓆉$192.50, a roughly 10% premium to Boeing's closing price Monday of about $175.

UPDATE—Jan. 27, 2025: This article has been updated to reflect more recent analyst estimates and share price values.

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