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 represents an earnings surprise of -94.03%. In the same quarter last year, the company reported a loss of $10.44 per share.
Boeing posted revenues of $23.27 billion for the quarter, surpassing the Zacks Consensus Estimate by 6.09% and exceeding year-ago revenues of $17.84 billion.
This quarterly report represents an earnings surprise of -94.03%.
- Quarterly loss: $7.47 per share
- Revenue: $23.27 billion
- Earnings surprise: -94.03%
Author's summary: Boeing reports Q3 loss despite exceeding revenue estimates.