The aerospace giant Boeing (BA) will report earnings before the market opens Wednesday July 25th, so we called in Senior Editor John Pickering to help us out.
Analysts are expecting earnings per share to come in around $3.25, per FactSet, with revenue up 5.5% to $23.98 billion.
Pickering walked us through the tariff concerns and noted that the company recently announced commercial sales of over $98 billion after the Farnborough Airshow in the U.K.
Plus with Airbus (EADSY) being its only competition, Boeing basically has a monopoly, he said
The stock is up around 21% year-to-date and almost 70% over the last year making it one of the best performing stock in the Dow Jones Industrial Average.
For more on Boeing, check out these links:
- Boeing Inks Freighter Deal, Lifts Industry Demand Forecast
- Boeing Has Mixed Signals But Traders Can Buy Here With a Risk Point
- Boeing CEO Concerned About Escalating U.S.-China Trade Spat
Correction: A previous version of this story included an incorrect EPS.