Boeing Earnings miss, Revenue beats In Q4 By Investing.com
Boeing (NYSE:BA) reported on Wednesday fourth quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
Boeing announced earnings per share of $-15.25 on revenue of $15.30B. Analysts polled by Investing.com anticipated EPS of $-1.6 on revenue of $15.03B.
Boeing shares are down 5% from the beginning of the year and are trading at $206.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 2.49% from the start of the year.
Boeing shares gained 1.95% in pre-market trade the report.
Boeing follows other major Capital Goods sector earnings this month
Boeing’s report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Raytheon Technologies had beat expectations on Tuesday with fourth quarter EPS of $0.74 on revenue of $16.58B, compared to forecast for EPS of $0.6925 on revenue of $16.24B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar