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StockNews.com
StockNews.com
Business
Anushka Mukherjee

Boeing (BA) Earnings Alert: Buy or Hold Considerations

The Boeing Company (BA) is slated to announce its fiscal fourth-quarter results on Wednesday, January 31, 2024. Wall Street projects a 5.5% year-over-year uptick in BA's fourth-quarter revenue, reaching $21.08 billion, while its EPS for the same quarter is expected to come in at a negative $0.79.

Meanwhile, BA’s revenue of $18.10 billion in the third quarter topped analyst estimates of $18.01 billion. Its reported adjusted loss per share of $3.26, on the other hand, was wider than analyst estimates of $2.96. Nevertheless, despite the dimmed third-quarter performance, company executives continue to remain bullish on its prospects.

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