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Arlington, Virginia-based The Boeing Company (BA) is a major U.S. defense contractor and premier jet aircraft manufacturer. Its clients include domestic and foreign airlines, the U.S. Department of Defense, the Department of Homeland Security, NASA, other aerospace contractors, and various U.S. government and commercial communications customers. Its market cap currently stands at $112.5 billion. Boeing is scheduled to release its fiscal 2024 Q2 earnings results before the market opens on Wednesday, Jul. 31.
Ahead of the event, analysts expect Boeing to report a loss of $1 per share, expanding 22% from a $0.82 loss per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of the last four quarters while missing on one other occasion.