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BA Earnings: Main highlights from Boeing’s Q3 2023 earnings results

by Index Investing News
October 25, 2023
in Markets
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The Boeing Company (NYSE: BA) reported third quarter 2023 earnings results today.

Revenues increased 13% year-over-year to $18.1 billion, beating market estimates.

Net loss attributable to Boeing shareholders was $1.63 billion, or $2.70 per share, compared to $3.27 billion, or $5.49 per share, last year. Core loss per share was $3.26, which was wider than expected.

Total company backlog at the end of the quarter was $469 billion.

The stock gained over 3% in premarket hours on Wednesday, following the announcement.

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