Here's What to Expect from Boeing's Next Earnings Report

Arlington, Virginia-based The Boeing Company (BA) designs, develops, manufactures, sells, and services commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems. With a market cap of $104.2 billion, Boeing’s operations span the Americas, Indo-Pacific, Europe, and internationally.

The airline giant is set to announce its Q1 results before the market opens on Wednesday, Apr. 23. Ahead of the event, analysts expect BA to report a loss of $1.44 per share, up 27.4% from the year-ago quarter's loss of $1.13 per share. Furthermore, the company has failed to surpass analysts' consensus estimates in three of the last four quarters, while surpassing in only one quarter. In the previous quarter, it reported a loss per share of $5.90, which failed to meet the consensus estimate by 83.2%.