The Boeing Company (BA) to Release Quarterly Earnings on Wednesday
The Boeing Company (NYSE:BA) will announce its Q214 earnings results on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.98 per share and revenue of $22.47 billion for the quarter. The Boeing Company has set its FY14 guidance at $7.15-7.35 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.
The Boeing Company (NYSE:BA) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $1.76 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.56 by $0.20. The company had revenue of $20.47 billion for the quarter, compared to the consensus estimate of $20.56 billion. During the same quarter last year, the company posted $1.73 earnings per share. The Boeing Company’s revenue was up 8.3% compared to the same quarter last year. On average, analysts expect The Boeing Company to post $7.66 EPS for the current fiscal year and $8.37 EPS for the next fiscal year.
The Boeing Company (NYSE:BA) opened at 128.30 on Tuesday. The Boeing Company has a one year low of $101.77 and a one year high of $144.57. The stock’s 50-day moving average is $130.8 and its 200-day moving average is $130.1. The company has a market cap of $93.559 billion and a price-to-earnings ratio of 22.00.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 5th. Investors of record on Friday, August 8th will be given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Wednesday, August 6th.
A number of analysts have recently weighed in on BA shares. Analysts at RBC Capital downgraded shares of The Boeing Company from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, June 11th. They now have a $145.00 price target on the stock, up previously from $137.25. They noted that the move was a valuation call. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of The Boeing Company in a research note on Friday, June 6th. They now have a $144.00 price target on the stock. Finally, analysts at Sterne Agee reiterated a “buy” rating on shares of The Boeing Company in a research note on Monday, June 2nd. They now have a $164.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $152.32.
The Boeing Company (NYSE:BA), is an aerospace company.
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