Company News: Boeing (BA) posts surprise quarterly profit

Market news

28 July 2021

Company News: Boeing (BA) posts surprise quarterly profit

Boeing (BA) reported Q2 FY 2021 earnings of $0.40 per share (versus -$4.79 per share in Q2 FY 2020), much better than analysts’ consensus estimate of -$0.72 per share.

The company’s quarterly revenues amounted to $16.998 bln (+44.0% y/y), roughly in line with analysts’ consensus estimate of $16.913 bln.

BA rose to $234.66 (+5.57%) in pre-market trading.

Canada: Consumer Price Index m / m, June 0.3% (forecast 0.4%)

European session review: USD gains ahead of Fed's policy update

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