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Boeing: Q3 Earnings Snapshot
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ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — Boeing Co. (BA) on Tuesday reported a loss of $116 million in its third quarter.

On a per-share basis, the Arlington, Virginia-based company said it had a loss of 26 cents. Losses, adjusted for non-recurring gains, came to 34 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.

The airplane builder posted revenue of $24.19 billion in the period, which also missed Street forecasts. Seven analysts surveyed by Zacks expected $24.28 billion.

Boeing shares have declined 13% since the beginning of the year, while the S&P's 500 index has increased 12%. The stock has dropped 15% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BA at https://www.zacks.com/ap/BA

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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