Boeing (BA) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - Boeing's stock closed at $209.19, reflecting a -1.32% change from the previous session, underperforming the S&P 500, which lost 0.53% [1] - Over the past month, Boeing's shares gained 14.24%, outperforming the Aerospace sector's gain of 10.02% and the S&P 500's gain of 5.17% [1] Upcoming Earnings - Boeing is projected to report earnings of -$0.85 per share, indicating a year-over-year growth of 70.69% [2] - The Zacks Consensus Estimate for revenue is $19.91 billion, which is an 18.06% increase from the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at -$1.75 per share and revenue at $83.56 billion, representing increases of +91.41% and +25.63% respectively from the prior year [3] - Recent changes to analyst estimates for Boeing indicate a favorable outlook on the company's business health and profitability [3] Analyst Ratings - The Zacks Rank system, which assesses estimate changes, indicates that Boeing currently holds a Zacks Rank of 3 (Hold) [5] - Over the last 30 days, the Zacks Consensus EPS estimate for Boeing has increased by 11.06% [5] Industry Overview - The Aerospace - Defense industry, part of the Aerospace sector, has a Zacks Industry Rank of 51, placing it in the top 21% of all industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]