Boeing reported Q2 earnings loss of $2.90/share, lower than estimated $1.00 loss.

Boeing Co. (BA) faced a significant earnings miss in Q2, reporting a loss of $2.90 per share, compared to estimates of a $1.00 loss. Despite this, institutional ownership stands at 64.82%. Analysts have mixed ratings, with target prices ranging from $185 to $240. The Maryland State Retirement & Pension System increased its stake, while other investors adjusted their holdings. Boeing's market cap is approximately $106.66 billion, with expectations of a -2.38 EPS for the current year.

August 31, 2024
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