Company News: Boeing (BA) bigger-than-forecast quarterly loss

Market news

28 April 2021

Company News: Boeing (BA) bigger-than-forecast quarterly loss

Boeing (BA) reported Q1 FY 2021 loss of $1.53 per share (versus -$1.70 per share in Q1 FY 2020), being worse than analysts’ consensus estimate of -$1.08 per share.

The company’s quarterly revenues amounted to $15.217 bln (-10.0% y/y), missing analysts’ consensus estimate of $15.950 bln.

BA fell to $240.00 (-1.02%) in pre-market trading.

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