The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Boeing's revenues will grow 3.9% and EPS will expand 22.8%.
The average estimate for revenue is $20.78 billion. On the bottom line, the average EPS estimate is $1.56.
Last quarter, Boeing reported revenue of $18.89 billion. GAAP reported sales were 2.5% lower than the prior-year quarter's $19.38 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.73. GAAP EPS of $1.44 for Q1 were 18% higher than the prior-year quarter's $1.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 16.6%, 50 basis points worse than the prior-year quarter. Operating margin was 7.7%, 10 basis points worse than the prior-year quarter. Net margin was 5.9%, 110 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $84.06 billion. The average EPS estimate is $6.42.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 3,893 members out of 4,313 rating the stock outperform, and 420 members rating it underperform. Among 963 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 915 give Boeing a green thumbs-up, and 48 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 $90.40.
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