Boeing (BA) Reports Q1 Loss, Tops Revenue Estimates

Core Insights - Boeing reported a quarterly loss of $0.49 per share, significantly better than the Zacks Consensus Estimate of a loss of $1.54, and an improvement from a loss of $1.13 per share a year ago, resulting in an earnings surprise of 68.18% [1] - The company generated revenues of $19.5 billion for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 1.08% and showing an increase from $16.57 billion in the same quarter last year [2] - Boeing's stock has declined approximately 8.2% year-to-date, while the S&P 500 has decreased by 10.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.75 on revenues of $20.27 billion, and for the current fiscal year, it is -$2.32 on revenues of $83.78 billion [7] - The estimate revisions trend for Boeing is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Aerospace - Defense industry, to which Boeing belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and earnings estimate revisions, which could impact Boeing's stock performance [5]