Core Viewpoint - Boeing is expected to report second-quarter 2025 results on July 29, 2025, with projected revenues of $21.93 billion, reflecting a 30% increase year-over-year, while earnings are estimated to show an improvement in losses from $2.90 to $1.47 per share [1][4] Revenue and Earnings Estimates - The Zacks Consensus Estimate for Boeing's revenues is $21.93 billion, indicating a 30% improvement from the previous year [1][4] - The consensus estimate for the commercial airplanes segment is $9,948.3 million, a 65.7% increase year-over-year, while the defense unit's revenues are projected at $6,398.5 million, a 6.3% rise [9] - Boeing's Global Services unit is expected to report revenues of $5,161.3 million, up 5.6% year-over-year, with earnings estimated at $942 million, reflecting an 8.3% growth [7] Delivery Performance - Boeing's commercial shipments are projected to increase by 63% year-over-year, while defense shipments are expected to rise by 60% [8] - The strong delivery performance is anticipated to positively impact both top and bottom-line results for the second quarter [10] Market Position and Valuation - Boeing's shares have increased by 29.6% over the past three months, outperforming the Zacks aerospace-defense industry's growth of 21.4% [12] - The company is currently trading at a forward price/sales ratio of 1.88, lower than the industry average of 2.28, but higher than its five-year median of 1.42 [15] Industry Dynamics - The demand for air travel and the replacement of aging fleets are driving growth for Boeing, supported by increased commercial jet services sales and government jet service volume [6][16] - However, persistent supply chain issues and high debt levels pose challenges for Boeing and the aerospace sector [17][18]