Boeing
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Boeing's revenues will grow 14.0% and EPS will contract -9.1%.
The average estimate for revenue is $22.29 billion. On the bottom line, the average EPS estimate is $1.20.
Revenue details
Last quarter, Boeing logged revenue of $20.01 billion. GAAP reported sales were 13% higher than the prior-year quarter's $17.73 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 $1.35. GAAP EPS of $1.35 for Q3 were 8.2% lower than the prior-year quarter's $1.47 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 16.1%, 290 basis points worse than the prior-year quarter. Operating margin was 7.2%, 220 basis points worse than the prior-year quarter. Net margin was 5.2%, 100 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $81.69 billion. The average EPS estimate is $5.02.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,917 members out of 4,348 rating the stock outperform, and 431 members rating it underperform. Among 935 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 868 give Boeing a green thumbs-up, and 67 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 $87.34.
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