Boeing Co.

NYSE:BA   3:59:56 PM EDT
229.86
+1.68 (+0.74%)
4:50:38 PM EDT: $229.61 -0.25 (-0.11%)
Earnings Announcements

Boeing Reports First-Quarter Results

Published: 04/28/2021 11:55 GMT
Boeing Co. (BA) - Boeing Reports First-quarter Results.
Q1 Revenue $15.2 Billion.
Q1 GAAP Loss per Share $0.92.
Q1 Non-GAAP Core Loss per Share $1.53.
Boeing - Total Backlog Grew to $364 Billion at Quarter End.
Boeing - Continued Progress on Safe Return to Service of 737 Max; Resumed 787 Deliveries in Late March.
Boeing - Global Pandemic Continues to Challenge Overall Market Environment.
Boeing - View 2021 As a Key Inflection Point for Industry As Vaccine Distribution Accelerates.
Boeing - 737 Program is Currently Producing at a Low Rate and Continues to Expect to Gradually Increase Production to 31 per Month in Early 2022.
Boeing - During Quarter, 787 Program Consolidated Final Assembly to Boeing South Carolina and Transitioned to Production Rate of 5 Aircraft per Month.
Boeing - Qtrly Commercial Airplanes Revenue $4,269 Million Versus $6,205 Million Reported Last Year.
Boeing - Cash and Investments in Marketable Securities Decreased to $21.9 Billion Versus $25.6 Billion at Beginning of Quarter.
Boeing - Q1 Defense, Space & Security Results Include Charge of $318 Million on Vc-25b Program Due to Covid-19 Impacts & Performance Issues at Key Supplier.
Boeing - Total Consolidated Debt at Quarter-end Was $63.6 Billion Versus $63.6 Billion at Q4 End.
Q1 Earnings per Share View $-1.16, Revenue View $15.02 Billion -- Refinitiv Ibes Data (analyst estimates).
Boeing - Qtrly Operating Cash Flow Negative $3,387 Million Versus Negative $4,302 Million Reported Last Year.
Revenue is expected to be $18.88 Billion
Adjusted EPS is expected to be -$0.54

Next Quarter Revenue Guidance is expected to be $21.53 Billion
Next Quarter EPS Guidance is expected to be $0.23

More details on our Analysts Page.