Boeing (BA) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Analysts on Wall Street project that Boeing (BA) will announce quarterly loss of -$0.39 per share in its forthcoming report, representing an increase of 93.4% year over year. Revenues are projected to reach $21.74 billion, increasing 42.6% from the same quarter last year.The current level reflects a downward revision of 2.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.That said, let's delve into the average estimates of some Boeing metrics that Wall Street analysts commonly model and monitor.Based on the collective assessment of analysts, 'Revenues- Global Services' should arrive at $5.53 billion. The estimate indicates a year-over-year change of +8%.It is projected by analysts that the 'Revenues- Defense, Space & Security' will reach $6.50 billion. The estimate points to a change of +20.2% from the year-ago quarter.The average prediction of analysts places 'Revenues- Commercial Airplanes' at $9.50 billion. The estimate points to a change of +99.5% from the year-ago quarter.According to the collective judgment of analysts, 'Deliveries - Total' should come in at 126 . Compared to the current estimate, the company reported 57 in the same quarter of the previous year.Analysts forecast 'Deliveries - Commercial Airplanes - 737' to reach 93 . Compared to the present estimate, the company reported 36 in the same quarter last year.The consensus estimate for 'Deliveries - Commercial Airplanes - 787' stands at 23 . Compared to the current estimate, the company reported 15 in the same quarter of the previous year.The consensus among analysts is that 'Deliveries - Commercial Airplanes - 777' will reach 3 . Compared to the present estimate, the company reported 3 in the same quarter last year.The combined assessment of analysts suggests that 'Deliveries - Commercial Airplanes - 767' will likely reach 7 . Compared to the current estimate, the company reported 3 in the same quarter of the previous year.Analysts' assessment points toward 'Earnings/(loss) from operations- Global Services' reaching $964.05 million. The estimate compares to the year-ago value of $998.00 million. View all Key Company Metrics for Boeing here>>> Boeing shares have witnessed a change of +14.6% in the past month, in contrast to the Zacks S&P 500 composite's +0.7% move. With a Zacks Rank #3 (Hold), BA is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks