July 22 - Boeing (BA, Financial) is set to unveil its fiscal second‑quarter earnings before trading opens on July 29.
Wall Street expects the aircraft maker to report a loss of $0.92 per share, narrowing from a $2.90 shortfall in the year‑ago period. That would mark the third time in four quarters that Boeing has missed analysts' profit forecasts, though its first‑quarter core loss of $0.49 beat estimates by about two‑thirds.
Revenue trends will also be under scrutiny. In Q1, Boeing's top line climbed 17.7% year‑on‑year to $19.5 billion, driven by higher commercial jet deliveries and stronger defense‑services sales. Investors will watch whether delivery volumes and cost management sustain that momentum.
Over the past 12 months, Boeing's shares have jumped roughly 24%, outperforming the S&P 500's 12% gain but lagging the 24% rise in the industrials sector ETF. The stock rallied more than 6% on April 23 after its Q1 beat.
Is BA Stock a Buy?
Based on the one year price targets offered by 22 analysts, the average target price for Boeing Co is $243.92 with a high estimate of $285.00 and a low estimate of $191.00. The average target implies a upside of +6.37% from the current price of $229.32.
Based on GuruFocus estimates, the estimated GF Value for Boeing Co in one year is $190.95, suggesting a downside of -16.73% from the current price of $229.32.
