Pages

Wednesday, October 24, 2018

Boeing is set to report third-quarter earnings. Here's what Wall Street expects

Boeing is expected to report third-quarter earnings before the bell Wednesday.

  • EPS: $3.47 a share expected according to Refinitiv.
  • Revenue: $23.97 billion expected according to Refinitiv.

Boeing landed billions in military contracts this summer but investors are counting on the commercial airline division to deliver. The airplane-making business fell short of estimates in the second quarter but Boeing held to its forecast that it would deliver at least 810 airplanes this year.

The aerospace giant's forecast for 2018, as well as preliminary expectations for 2019, will be in focus as well. Boeing has stuck to its full year 2018 earnings per share guidance of $14.30 to $14.50.

Boeing shares slipped 2.3 percent over the last three months but the stock is still up 18.7 percent for the year as of Tuesday's close of $350.05 a share.

Let's block ads! (Why?)

from Top News & Analysis https://ift.tt/2PQolHd
via IFTTT

No comments:

Post a Comment