The Boeing Company (NYSE: BA) reported second quarter 2022 earnings results today.
Total revenues dropped 2% year-over-year to $16.7 billion.
Net earnings attributable to Boeing shareholders amounted to $193 million, or $0.32 per share, compared to $587 million, or $1.00 per share, last year.
On an adjusted basis, the company reported a loss of $0.37 per share compared to EPS of $0.40 last year.
Both the top and bottom line numbers missed projections.
Total backlog at quarter-end stood at $372 million.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
After beating the virus-induced slowdown, excavator company Caterpillar Inc. (NYSE: CAT) is currently battling high operating costs and supply constraints that offset benefits of the demand recovery spurred by market
Shares of eBay Inc. (NASDAQ: EBAY) were up over 1% on Friday. The stock has dropped 25% year-to-date and 33% over the past 12 months. Last week, the company delivered
When the COVID crisis battered the business world a couple of years ago, General Motors Company (NYSE: GM) was not spared, though the impact was not as big as initially