Here's Why Boeing (BA) Gained But Lagged the Market Today

Company Performance - Boeing's stock closed at $168.56, with a slight increase of +0.23% from the previous trading session, underperforming the S&P 500 which gained 0.67% [1] - Over the last month, Boeing's shares increased by 5.83%, lagging behind the Aerospace sector's gain of 8.52% and outperforming the S&P 500's loss of 5.28% [1] Upcoming Financial Results - Boeing is expected to report an EPS of -$ 1.41, reflecting a decrease of 24.78% from the same quarter last year, with anticipated revenue of $19.37 billion, indicating a 16.91% increase year-over-year [2] - For the annual period, the Zacks Consensus Estimates predict an EPS of -$ 2.21 and revenue of $83.63 billion, representing increases of +89.16% and +25.73% respectively from the previous year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Boeing are crucial as they reflect the shifting dynamics of short-term business patterns, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Boeing at 3 (Hold), with the consensus EPS estimate rising by 14.31% over the last 30 days [6] Industry Context - The Aerospace - Defense industry, part of the broader Aerospace sector, holds a Zacks Industry Rank of 154, placing it in the bottom 39% of over 250 industries, suggesting underperformance compared to higher-ranked industries [7]