- Preliminary Boeing 4Q revenue missed estimates: $15.2 billion reported compared to an estimated $16.76 billion.
- Commercial Airplanes revenue slightly exceeded expectations: $4.8 billion reported versus $4.75 billion estimated.
- Defense, Space & Security revenue fell short: $5.4 billion reported against a $6.52 billion estimate.
- Operating cash flow was less negative than expected: -$3.5 billion compared to an estimated -$3.62 billion.
- GAAP loss per share was significantly higher than projected: $5.46 reported versus an estimated loss of $1.32.
- Commercial Airplanes operating margin was notably low at -43.9%.
- Defense, Space & Security operating margin was at -41.9%.
- $1.7 billion in pretax charges anticipated for Defense, Space & Security programs.
- First delivery of the 777-9 model is still expected in 2026.
- The company faced challenges from a work stoppage with the International Association of Machinists (IAM) but made efforts to stabilize business operations and improve the balance sheet.
- The IAM agreement led to reduced deliveries and pretax earnings charges of $1.1 billion on the 777X and 767 programs.
- The 777X program incurred a pre-tax charge of $0.9 billion due to higher labor costs, to be realized over the coming years.
- Defense, Space & Security will recognize pretax earnings charges of $1.7 billion across several key programs, including KC-46A and T-7A.
- Market analysts have mixed views with 18 buys, 13 holds, and 2 sells on Boeing stock.
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Boeing Co on Smartkarma
Analyst Coverage of Boeing Co on Smartkarma
Analyst coverage on Smartkarma sheds light on Boeing Co‘s recent journey through a series of insightful research reports. Baptista Research explores Boeing’s bold comeback, highlighting a $36 billion deal and operational improvements following a challenging period of operational lapses and financial strains. The analysts note significant progress, with Boeing resuming production of key airplane programs, signaling a promising operational revival after a recent machinists’ strike.
In another analysis, Dimitris Ioannidis delves into Boeing’s equity offering, anticipating a boost in index shares and substantial demand across US and Global indices. The report forecasts over $5 billion in passive fund demand, with the offering expected to dilute strategic holdings and potentially raise the free float in key indices. Despite ongoing challenges and complexities, these reports underscore Boeing’s resilience and strategic initiatives to navigate its uncertain future in the competitive aerospace market.
A look at Boeing Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Boeing Co, a leading company in the commercial jet aircraft industry, is seen to have a positive long-term outlook based on the Smartkarma Smart Scores. With strong scores in resilience and momentum, indicating the company’s ability to withstand challenges and maintain a good performance trajectory, Boeing Co seems well-positioned for future growth. Additionally, the growth score suggests potential expansion opportunities, showcasing a promising outlook for the company’s development strategies.
Although Boeing Co may not score as high in terms of value and dividend, its overall positive scores in growth, resilience, and momentum highlight a favorable outlook for investors seeking long-term investment prospects in the aerospace and defense industry. This indicates that despite some areas of improvement, Boeing Co‘s strategic focus on growth and resilience may continue to drive its success in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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