The Boeing Company (BA - Free Report) incurred an adjusted loss of $7.69 per share for fourth-quarter 2021, much wider than the Zacks Consensus Estimate of a loss of 9 cents. However, the bottom line improved from the year-ago quarter’s loss of $15.25.
Including one-time items, the company posted a GAAP loss of $7.02 per share compared with a loss of $14.65 incurred in the fourth quarter of 2020.
The year-over-year improvement can be attributed primarily to lower charges and higher commercial volume witnessed in the reported quarter.
For 2021, the company reported an adjusted loss of $9.44 per share, which came in wider than the Zacks Consensus Estimate of a loss of $1.70. The bottom line declined from 2020’s adjusted loss of $23.25 per share.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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The Boeing Company (BA - Free Report) incurred an adjusted loss of $7.69 per share for fourth-quarter 2021, much wider than the Zacks Consensus Estimate of a loss of 9 cents. However, the bottom line improved from the year-ago quarter’s loss of $15.25.
Including one-time items, the company posted a GAAP loss of $7.02 per share compared with a loss of $14.65 incurred in the fourth quarter of 2020.
The year-over-year improvement can be attributed primarily to lower charges and higher commercial volume witnessed in the reported quarter.
For 2021, the company reported an adjusted loss of $9.44 per share, which came in wider than the Zacks Consensus Estimate of a loss of $1.70. The bottom line declined from 2020’s adjusted loss of $23.25 per share.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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