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Boeing (BA)
NYSE:BA
Holding BA?
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$1.74Last Year’s EPS
-$0.47Same Quarter Last Year
Moderate Buy
Based on 20 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 23, 2024
|% Change Since: 10.93%
|Next Earnings Date:Jan 29, 2025
Earnings Call Sentiment|Negative
The earnings call reflects significant challenges faced by Boeing, including financial losses, cash flow issues, and ongoing impacts from a labor strike. While there are strong future demand indicators and some segments performing well, the immediate financial and operational hurdles weigh heavily on the company's short-term outlook.Company Guidance
During Boeing's Q3 2024 earnings call, the executives outlined several key financial metrics and strategic priorities. The company reported a revenue of $17.8 billion, which was down 1% year-over-year, and a core loss per share of $10.44 due to the IAM work stoppage and charges on certain programs. Free cash flow was a negative $2 billion, influenced by lower commercial widebody deliveries and unfavorable working capital timing. Boeing Commercial Airplanes delivered 116 airplanes, generating $7.4 billion in revenue with an operating margin of -54%. The backlog ended at $428 billion with over 5,400 airplanes. Boeing Defense & Space recorded $5.5 billion in revenue and a backlog of $62 billion. The executives also discussed plans to stabilize the business by resolving the IAM strike, improving execution discipline, and ensuring a robust supply chain to support a production ramp-up. Additionally, Boeing is focused on maintaining a $10 billion cash reserve and prioritizing its investment-grade credit rating while managing debt maturities and considering potential equity offerings to strengthen the balance sheet.Strong Backlog and Demand
Boeing's backlog is roughly $0.5 trillion with strong demand for its products, indicating robust future opportunities.
Boeing Global Services Performance
BGS continues to perform well, with $6 billion in orders and a backlog of $20 billion. Revenue was up 2%, and operating margin increased by 70 basis points to 17%.
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BA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | $159.88 | $157.06 | -1.76% |
| Jul 31, 2024 | $186.86 | $190.60 | +2.00% |
| Apr 24, 2024 | $169.18 | $164.33 | -2.87% |
| Jan 31, 2024 | $200.44 | $211.04 | +5.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Boeing (BA) report earnings?
Boeing (BA) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Boeing (BA) earnings time?
Boeing (BA) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BA EPS forecast?
BA EPS forecast for the fiscal quarter 2024 (Q4) is -$1.74.
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