Alert: New Earnings Report (7/31/24)-Boeing Co (NYSE: BA).

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For its second fiscal quarter (ending June 30), Boeing Co (NYSE: BA) has reported E.P.S. of $-2.33 compared to $-0.25 a year ago. For the latest four quarters through June 30, E.P.S. were $-5.64 compared to $-7.48 a year ago.

Recent Price Action

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Boeing Co (NYSE: BA) stock enjoyed a large increase of 2.0% on 7/31/24. The stock closed at $190.60. Moreover, trading volume in this advance was exceptionally high at 249% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 2.2% during the last week.

Current PriceTarget Research Rating

BA is expected to be an important Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Boeing is currently unrated.

Rating Review

The stock is currently unrated.

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