Boeing Reports Q3 Loss, Exceeds 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 quarterly report represents an earnings surprise of -94.03%. In the same period last year, the company reported a loss of $10.44 per share.
Boeing posted revenues of $23.27 billion for the quarter, surpassing the Zacks Consensus Estimate by 6.09% and exceeding year-ago revenues of $17.84 billion.
The company has surpassed consensus EPS estimates two times over the last four quarters.
Author's summary: Boeing reports Q3 loss despite revenue growth.
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