U.S. markets closed
  • S&P 500

    4,141.59
    +13.60 (+0.33%)
     
  • Dow 30

    33,677.27
    -68.13 (-0.20%)
     
  • Nasdaq

    13,996.10
    +146.10 (+1.05%)
     
  • Russell 2000

    2,228.92
    -4.86 (-0.22%)
     
  • Crude Oil

    60.55
    +0.37 (+0.61%)
     
  • Gold

    1,746.40
    -1.20 (-0.07%)
     
  • Silver

    25.40
    -0.03 (-0.10%)
     
  • EUR/USD

    1.1953
    -0.0001 (-0.01%)
     
  • 10-Yr Bond

    1.6230
    -0.0520 (-3.10%)
     
  • GBP/USD

    1.3754
    +0.0002 (+0.02%)
     
  • USD/JPY

    109.0140
    -0.0340 (-0.03%)
     
  • BTC-USD

    63,437.50
    +3,442.94 (+5.74%)
     
  • CMC Crypto 200

    1,353.54
    +59.55 (+4.60%)
     
  • FTSE 100

    6,890.49
    +1.37 (+0.02%)
     
  • Nikkei 225

    29,751.61
    +212.88 (+0.72%)
     

Boeing Earnings Preview

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.

Boeing (NYSE:BA) announces its next round of earnings this Wednesday, January 27. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Boeing EPS loss is expected to be around $1.8, according to sell-side analysts. Sales will likely be near $15.07 billion. In the same quarter last year, Boeing posted EPS of $2.33 on sales of $17.91 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on BA

If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 22.75%. Sales would be down 15.86% from the year-ago period. Boeing's reported EPS has stacked up against analyst estimates in the past like this:

EPS Estimate

-2.32

-2.54

-1.61

1.47

EPS Actual

-1.39

-4.79

-1.70

-2.33

Revenue Estimate

14.49 B

13.16 B

17.31 B

21.67 B

Revenue Actual

14.14 B

11.81 B

16.91 B

17.91 B

Stock Performance

Shares of Boeing were trading at $203.32 as of January 25. Over the last 52-week period, shares are down 35.98%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Boeing is scheduled to hold the call at 10:30:00 ET and can be accessed here.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.