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Boeing's Q1 Earnings Top Estimates, Revenues Increase Y/Y (Revised)
BoeingBoeing(US:BA) ZACKSยท2025-04-24 15:45

Core Points - Boeing incurred an adjusted loss of 49 cents per share in Q1 2025, which is an improvement from a loss of $1.13 per share in the same quarter last year and better than the Zacks Consensus Estimate of a loss of $1.54 [1][2] - The company's revenues reached $19.50 billion, exceeding the Zacks Consensus Estimate of $19.29 billion by 1.1% and showing a 17.7% increase from $16.47 billion in the previous year [3] - Boeing's total backlog at the end of Q1 2025 was $544.74 billion, up from $521.34 billion at the end of Q4 2024 [4] Revenue Breakdown - Commercial Airplanes segment revenues surged 75% year over year to $8.15 billion, with 130 commercial planes delivered, a 57% increase from the previous year [5] - Boeing Defense, Space & Security (BDS) recorded revenues of $6.30 billion, a 9% decline year over year, but operating income improved by 3% to $155 million [6] - Global Services revenues remained flat at $5.06 billion, with operating income improving by 3% to $943 million [7] Financial Condition - At the end of Q1 2025, Boeing had cash and cash equivalents of $10.14 billion and short-term investments of $13.53 billion, compared to $13.80 billion and $12.48 billion at the end of 2024 [8] - Long-term debt decreased to $45.69 billion from $52.59 billion at the end of 2024 [8] - The company's operating cash outflow was $1.62 billion, down from $3.36 billion a year earlier, while free cash outflow totaled $2.29 billion compared to $3.93 billion in Q1 2024 [9][10]