Boeing Co (NYSE:BA, XETRA:BCO) posted a wider-than-expected quarterly loss but beat revenue estimates, as the planemaker's commercial deliveries climbed and its backlog swelled to a record $715 billion. The company reported second-quarter revenue of $24.6 billion, up 8% from a year earlier and ahead of the $24.25 billion analysts had expected.
Sales outpace Wall Street expectations as defense business comes through while commercial airplane sales miss mark.
The company narrowed its net loss from last year but its second-quarter earnings fell short of estimates. Boeing took a $280 million loss on its long-delayed program for two new Air Force One aircraft.
The CEO said “significant resources” are being invested to ensure the new presidential plane stays on schedule for delivery in 2028.
Perhaps 70 is the new 50 when boards are looking for veteran executives to stabilize a company.
The Federal Aviation Administration said it had received a report that seats on some of the aircraft maker's models were not correctly installed in their seat tracks.
Boeing (NYSE:BA | BA Price Prediction) enters its July 28 Q2 earnings report with a decade of revenue visibility with a market cap that's less than a quarter of the price of the total order book.
Boeing Set To Transition To Smoother Flight (Earnings Preview)
BA heads into Q2 with higher commercial deliveries and production gains, but supply-chain bottlenecks could shape revenues and cash flow.
Evaluate the expected performance of Boeing (BA) for the quarter ended June 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Boeing (NYSE:BA | BA Price Prediction) shares were last seen trading near $210, off 4.3% over the past week and 8.7% lower over the past year.
In the most recent trading session, Boeing (BA) closed at $208.65, indicating a +1.88% shift from the previous trading day.