Boeing
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Boeing's revenues will increase 12.8% and EPS will drop -23.3%.
The average estimate for revenue is $20.00 billion. On the bottom line, the average EPS estimate is $1.12.
Revenue details
Last quarter, Boeing reported revenue of $20.01 billion. GAAP reported sales were 21% higher than the prior-year quarter's $16.54 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $1.27. GAAP EPS of $1.27 for Q2 were 1.6% higher than the prior-year quarter's $1.25 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 16.3%, 390 basis points worse than the prior-year quarter. Operating margin was 7.5%, 110 basis points worse than the prior-year quarter. Net margin was 4.8%, 90 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $80.60 billion. The average EPS estimate is $4.72.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,899 members out of 4,285 rating the stock outperform, and 386 members rating it underperform. Among 918 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 853 give Boeing a green thumbs-up, and 65 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Boeing is outperform, with an average price target of $86.12.
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