Investing.com – Boeing (NYSE:) reported on Wednesday second quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Boeing announced earnings per share of $-4.79 on revenue of $11.81B. Analysts polled by Investing.com anticipated EPS of $-2.51 on revenue of $13.24B.
Boeing shares are down 47% from the beginning of the year and are trading at $172.00 , down-from-52-week-high.They are under-performing the Jones which is down 7.57% from the start of the year.
Boeing shares gained 0.68% in pre-market trade the report.
Boeing follows other major Capital Goods sector earnings this month
Boeing’s report follows an earnings missed by ASML ADR on July 15, who reported EPS of $2.04 on revenue of $3.8B, compared to forecasts EPS of $2.25 on revenue of $3.8B.
Lockheed Martin had beat expectations on July 21 with second quarter EPS of $5.79 on revenue of $16.22B, compared to forecast for EPS of $5.72 on revenue of $15.23B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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