Company news: Boeing (BA) posts narrower-than-anticipated quarterly loss

Boeing (BA) reported Q1 FY2024 loss of $1.13 per share (versus $(1.27) per share in Q1 FY2023), better than analysts’ consensus estimate of $(1.63) per share.

The company’s quarterly revenues amounted to $16.569 bln (-7.5% y/y), beating analysts’ consensus estimate of $16.237 bln.

BA rose to $175.00 (+3.44%) in pre-market trading.