Although the revenue and EPS for Boeing (BA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The company has faced heightened scrutiny since a door plug flew off an Alaska Airlines 737 MAX earlier this year.
Boeing Co (NYSE:BA) shares are up 1.6% to trade at $189.81 this morning, after the blue-chip aerospace manufacturer announced a new CEO and second-quarter results.
Boeing named former Rockwell Collins chief Robert "Kelly" Ortberg its next CEO Wednesday, as the aviation giant reported a hefty loss on continued operational problems.
Boeing (BA) shares rose Wednesday as the announcement of a new chief executive outweighed second quarter results that came in below expectations.
Boeing (BA) came out with a quarterly loss of $2.90 per share versus the Zacks Consensus Estimate of a loss of $1.79. This compares to loss of $0.82 per share a year ago.
Boeing Co (NYSE:BA, ETR:BCO) has announced industry veteran Kelly Ortberg will take the helm next month as the plane maker grapples with mounting losses on the back of quality control issues. Ortberg, who headed aerospace firm Rockwell Collins between 2013 and 2021, will succeed Dave Calhoun on August 8 after his retirement.
Boeing (NYSE: BA ) named Kelly Ortberg its new CEO as it released second-quarter earnings. The aerospace giant lost $1.44 billion, $2.33 per share, on revenue of $16.87 billion during the quarter.
Boeing named former Rockwell Collins executive Kelly Ortberg as its new President and CEO, tasking the aerospace industry veteran with turning the struggling planemaker around.
Boeing stock rose early Wednesday after the Dow Jones aerospace giant ended its CEO search. But the plane maker missed Q2 forecasts.
Longtime aerospace executive Robert "Kelly" Ortberg has been selected to replace Dave Calhoun as CEO of Boeing, the company announced Wednesday, after a tumultuous few years that have included intense scrutiny of the safety of its737 Max jets and saw the company plead guilty to defrauding the Federal Aviation Administration.