We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Unveiling Boeing (BA) Q1 Outlook: Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that Boeing (BA - Free Report) will announce quarterly loss of -$0.86 per share in its forthcoming report, representing a decline of 75.5% year over year. Revenues are projected to reach $21.87 billion, increasing 12.2% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone a downward revision of 40.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some Boeing metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenues- Global Services' stands at $4.99 billion. The estimate indicates a year-over-year change of -1.4%.
It is projected by analysts that the 'Revenues- Defense, Space & Security' will reach $6.69 billion. The estimate points to a change of +6.2% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Commercial Airplanes' of $10.63 billion. The estimate suggests a change of +30.5% year over year.
Based on the collective assessment of analysts, 'Earnings/(loss) from operations- Global Services' should arrive at $905.40 million. Compared to the present estimate, the company reported $943.00 million in the same quarter last year.
Analysts' assessment points toward 'Earnings/(loss) from operations- Defense, Space & Security' reaching $176.12 million. Compared to the present estimate, the company reported $155.00 million in the same quarter last year.
Over the past month, shares of Boeing have returned +8.8% versus the Zacks S&P 500 composite's +5.2% change. Currently, BA carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Unveiling Boeing (BA) Q1 Outlook: Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Boeing (BA - Free Report) will announce quarterly loss of -$0.86 per share in its forthcoming report, representing a decline of 75.5% year over year. Revenues are projected to reach $21.87 billion, increasing 12.2% from the same quarter last year.
The consensus EPS estimate for the quarter has undergone a downward revision of 40.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some Boeing metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenues- Global Services' stands at $4.99 billion. The estimate indicates a year-over-year change of -1.4%.
It is projected by analysts that the 'Revenues- Defense, Space & Security' will reach $6.69 billion. The estimate points to a change of +6.2% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Commercial Airplanes' of $10.63 billion. The estimate suggests a change of +30.5% year over year.
Based on the collective assessment of analysts, 'Earnings/(loss) from operations- Global Services' should arrive at $905.40 million. Compared to the present estimate, the company reported $943.00 million in the same quarter last year.
Analysts' assessment points toward 'Earnings/(loss) from operations- Defense, Space & Security' reaching $176.12 million. Compared to the present estimate, the company reported $155.00 million in the same quarter last year.
View all Key Company Metrics for Boeing here>>>Over the past month, shares of Boeing have returned +8.8% versus the Zacks S&P 500 composite's +5.2% change. Currently, BA carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .