Send PM
Followers 633
Posts 99799
Boards Moderated 49
Alias Born 03/10/2004

Re: None

Monday, 07/25/2022 1:14:37 PM

Monday, July 25, 2022 1:14:37 PM

Post# of 6286
Earnings Preview: Boeing Co. (NYSE: BA)
By: 24/7 Wall St. | July 25, 2022

• Here’s a look at four companies set to report results before markets open Wednesday morning.


Since reaching a 12-month high in mid-August, shares of Boeing Co. (NYSE: BA) are down by 36%. The stock gained about 7% last week after announcing orders for 278 737 Max jets, nine 787s, and two 777-8Fs at the Farnborough Airshow in England. Since the 737 Max was recertified in November, Boeing has received orders for more than 1,000 of the single-aisle planes. Boeing had expected to return production of the Max to 31 per month by early this year, but so far, that total has remained elusive. Dow 30 component Boeing should have something to say about production in its earnings report and on the conference call.

Of 23 analysts covering the stock, 18 have a Buy or Strong Buy rating, and two more have given the shares a Hold rating. At a current price of around $155.50, the implied upside based on a median price target of $204.50 is 34.5%. At the high target of $298.00, the implied upside is about 91.6%.

Consensus estimates call for second-quarter revenue of $17.52 billion, up 25.3% sequentially and up about 3.1% year over year. Analysts are forecasting a quarterly loss per share of $0.11 compared with a loss of $2.75 in the prior quarter and EPS of $0.40 last year. For the full 2022 fiscal year, Boeing is expected to post a loss of $1.12 per share compared with last year’s loss of $9.44. Revenue is expected to increase by 20.1% to $74.8 billion.

Boeing stock trades at a multiple of 28.9 times estimated 2023earnings of $5.39 and 19 times estimated 2024 earnings of $8.21 per share. The stock’s 52-week range is $113.02 to $241.15. Boeing has suspended its dividend, and total shareholder return for the past year was negative 29.6%.

Read Full Story »»»


Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold

Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Recent BA News

FEATURED Ludwig's genomic-based mRNA Inflammatory Index - a Ground-Breaking Technology Sep 28, 2022 1:34 PM

Headwater Gold Commences Multi-Rig Drill Program at the Spring Peak Project, Nevada to Follow Up Epithermal Vein Discoveries HWAUF Sep 28, 2022 10:13 AM

Valiant Eagle Inc. (OTC: PSRU) Significantly Increases Its Equity Stake in Sumer Technologies, Inc., as the Ride-Sharing Company Readies Its Much Anticipated Innovative Zumr App For Q1 2023 U.S. Launch PSRU Sep 28, 2022 9:30 AM

Good Gaming Inc. Announces Official Launch Date For Their New Minecraft OP Prison Game Featuring MicroBuddiesTM GMER Sep 28, 2022 9:15 AM

Trend Innovations Holding Inc. Completes the Second Version of the AI Consultant Chatbot on the Company's Website TREN Sep 28, 2022 9:00 AM

GBT will be attending the Interactive MoneyShow Virtual Expo, on Sep 27-29, Presenting its Technologies, Innovations and Future Visions GTCH Sep 28, 2022 7:30 AM

Branded Legacy, Inc. Reduces Authorized Shares By 300 Million BLEG Sep 27, 2022 11:53 AM

Acquisition Completed: Endexx (EDXC)'s HYLA Secures 200k+ Unit Order; 4,500 Puffs per Unit AVXL Sep 27, 2022 9:33 AM

Integrated Ventures is set to report 254% annual revenue growth, fueled by expansion of crypto mining operations INTV Sep 27, 2022 9:22 AM

SNAKES & LATTES INC. (OTC: FUNN) is Pleased to Report an Almost 200% Increase in Year Over Year FY22 Revenue at $6,064,896, up From $2,027,988 for FY21, With Gross Profits up From $1,369,514 to $4,223,022 FUNN Sep 27, 2022 8:14 AM

ILUS Confirms Its First Investment Project in Serbia ILUS Sep 26, 2022 12:23 PM

Thunder Energies Engages Geological Experts For Gold and Minerals Assessment TNRG Sep 26, 2022 9:56 AM


HealthLynked Announces Upgrades to its MedOfficeDirect Ecommerce Site for Discount Medical Supplies HLYK Sep 23, 2022 8:00 AM

ResGreeen Uses Open-Source Robot Operating System (ROS) to Enhance Integration and Simulation for LilBuddy AMR RGGI Sep 22, 2022 1:58 PM