Boeing Earnings Miss, Revenue Beats In Q4

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Boeing announced earnings per share of $-15.25 on revenue of $15.30B. Analysts polled by Investing.com anticipated EPS of $-1.6 on revenue of $15.03B.

Boeing shares are down 5% from the beginning of the year, still down 42.26% from its 52 week high of $349.95 set on February 12, 2020. They are under-performing the S&P 500 which is up 2.49% from the start of the year.

Boeing shares gained 1.95% in pre-market trade following the report.

Boeing’s report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.

Raytheon Technologies had beat expectations on Tuesday with fourth quarter EPS of $0.74 on revenue of $16.58B, compared to forecast for EPS of $0.6925 on revenue of $16.24B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar