Categories AlphaGraphs, Earnings, Industrials

Boeing (BA) loss narrows in Q1; revenues down 10%

The Boeing Company (NYSE: BA) reported a net loss for the first quarter of 2021 as deliveries and service volumes remained under pressure from the COVID-related disruption. The bottom-line missed expectations, while revenues beat.

Boeing Q1 2021 earnings infographic

The Illinois-based aircraft maker reported revenues of $15.2 billion, which is down 10% from the first quarter of 2020. The top-line, meanwhile, exceeded experts’ projection.

The company reported a loss of $1.53 per share, on an adjusted basis, compared to a loss of $1.7 per share in the year-ago quarter. On a reported basis, it was a net loss of $561 million or $0.92 per share, compared to a loss of $641 million or $1.11 per share last year. Analysts had predicted a narrower loss for the latest quarter.


Read management/analysts’ comments on Boeing’s Q1 report


Boeing’s stock dropped early Wednesday soon after the earnings announcement, after closing the previous session higher.

  • Boeing reports Q3 2020 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Trxade (MEDS) is increasing the breadth of product offerings: CEO Suren Ajjarapu

Trxade Health Inc. (NASDAQ: MEDS) is an online pharmaceutical marketplace that provides a platform for independent pharmacies to operate more effectively. The company’s digital platform helps optimize drug procurement and

AMAT Stock: Is now the right time to invest in Applied Materials?

It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied

Here’s a look at Take-Two Interactive Software’s (TTWO) expectations for the coming year

Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top