ARLINGTON, Va. (AP) 鈥� ARLINGTON, Va. (AP) 鈥� Boeing Co. (BA) on Tuesday reported a loss of $444 million in its second quarter.
The Arlington, Virginia-based company said it had a loss of 67 cents per share. Losses, adjusted for non-recurring gains, were 76 cents per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.
The airplane builder posted revenue of $24.56 billion in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $24.05 billion.
Boeing shares have decreased almost 3% since the beginning of the year, while the S&P’s 500 index has increased slightly more than 8%. The stock has fallen slightly more than 9% in the last 12 months.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/BA
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
