• Company News: Boeing (BA) posts smaller-than-expected quarterly loss

Market news

24 July 2019

Company News: Boeing (BA) posts smaller-than-expected quarterly loss

Boeing (BA) reported Q2 FY 2019 loss of $5.82 per share (versus earnings of $3.33 in Q2 FY 2018), better than analysts’ consensus estimate of -$6.66.

The company’s quarterly revenues amounted to $15.751 bln (-35.1% y/y), beating analysts’ consensus estimate of $15.053 bln.

BA fell to $368.60 (-1.20%) in pre-market trading.

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