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 a loss of $7.47 per share versus a loss of $10.44 per share a year ago, adjusted for non-recurring items.
- Earnings surprise: -94.03%
- Revenue: $23.27 billion, surpassing the Zacks Consensus Estimate by 6.09%
- Year-ago revenue: $17.84 billion
Boeing has surpassed consensus EPS estimates two times over the last four quarters.
Boeing belongs to the Zacks Aerospace - Defense industry.
Author's summary: Boeing reports Q3 loss despite revenue growth.
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