Boeing (BA) Reports Q3 Loss, Tops Revenue Estimates
Boeing (BA) reported a quarterly loss of $7.47 per share, compared to the Zacks Consensus Estimate of a loss of $3.85.
This loss is an improvement from the $10.44 per share loss reported a year ago.
The company posted revenues of $23.27 billion for the quarter, surpassing the Zacks Consensus Estimate by 6.09%.
This represents a significant increase from the $17.84 billion in revenues reported a year ago.
This quarterly report represents an earnings surprise of -94.03%.
- The company has surpassed consensus EPS estimates two times over the last four quarters.
- Boeing belongs to the Zacks Aerospace - Defense industry.
Author's summary: Boeing reports Q3 loss despite revenue growth.
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