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Boeing is set to report earnings before the bell. Here’s what Wall Street expects

Boeing is set to report earnings before the bell. Here’s what Wall Street expects

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A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024. 

Jennifer Buchanan | AFP | Getty Images

Boeing is expected to report a more than 20% jump in revenue and a narrower loss from last year in its third-quarter results as the aerospace giant makes recovery strides after years marred by safety crises.

Boeing is on track to deliver the most aircraft this year since 2018, before two crashes grounded its best-selling jetliner, the Covid pandemic hit supply chains and a host of manufacturing crises drove years of losses at the top U.S. exporter.

Here’s what analysts expect Boeing to report for the third quarter based on estimates compiled by LSEG:

  • Loss per share: $5.15 expected
  • Revenue: $21.97 billion expected

During the same period last year, Boeing posted revenue of $17.84 billion and an adjusted loss of $10.44 per share.

CEO Kelly Ortberg, an aerospace veteran who came out of retirement to helm Boeing in August 2024, has worked to steady the manufacturer’s sprawling supply chain and cash-generating production lines.

Airline customers have said they’ve seen an improvement at Boeing, with more accurate delivery projections, a change in tune from the complaints of prior years.

In the first nine months of the year, Boeing delivered 440 airplanes, up from 291 in the same period last year. Airlines and other customers pay for the bulk of the planes when they receive them, so increasing the delivery pace is key for Boeing to stem an outflow of cash totaling close to $17 billion since the start of 2024 through June of this year.

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Last year was supposed to be a turnaround year for Boeing, but a midair blowout of a door panel in January 2024 resulted in a near catastrophe and increased federal scrutiny that slowed production.

But Boeing has made progress. Earlier this month, the Federal Aviation Administration lifted a production cap for Boeing’s 737 Max to 42 a month from 38, a restriction it put in place after the accident.

The FAA is also now allowing Boeing to perform final signoffs on some of its aircraft, a sign of increased confidence from its regulator.

The company isn’t out of the woods yet. Its Max 7 and Max 10 variants and its new wide-body, the 777X, are years behind schedule and haven’t yet won regulator approval. And about 3,200 of its defense unit workers who make F-15 fighter jets and missile systems have been on strike since the summer as the two sides have yet to reach a new contract.

This is breaking news. Check back for updates.



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