Company Performance - Boeing's stock closed at $220.25, reflecting a -3.2% change from the previous day's closing price, underperforming compared to the S&P 500's gain of 0.85% [1] - The stock has decreased by 2.51% over the past month, while the Aerospace sector gained 0.57% and the S&P 500 increased by 2.38% [1] Earnings Projections - The upcoming earnings report for Boeing is expected to show an EPS of -$0.51, which is a 95.11% increase from the same quarter last year [2] - Quarterly revenue is projected to be $21.35 billion, representing a 19.67% increase from the previous year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict an EPS of -$2.33 and revenue of $85.66 billion, indicating increases of +88.57% and +28.77% respectively compared to the previous year [3] - Recent adjustments to analyst estimates suggest a favorable outlook on Boeing's business health and profitability [3] Zacks Rank and Industry Position - Boeing currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection having decreased by 1.22% in the past 30 days [5] - The Aerospace - Defense industry is ranked 87 in the Zacks Industry Rank, placing it in the top 36% of over 250 industries [5][6]
Boeing (BA) Stock Declines While Market Improves: Some Information for Investors