Boeing Set to Report Q3 Earnings Amid Aerospace Recovery
Boeing prepares to unveil its third-quarter results on October 29, with Wall Street anticipating a narrowed loss of $5.16 per share compared to last year's $10.44 deficit. Revenue is projected to surge 24% to $22.06 billion, fueled by increased jet deliveries and robust demand for commercial aircraft.
The aerospace giant's stock has climbed 25% year-to-date, buoyed by stabilizing supply chains, higher 737 MAX and 787 production rates, and renewed confidence under CEO Kelly Ortberg. Recent developments include a $461 million U.S. Army contract for Chinook helicopters and FAA approval for increased 737 MAX output.