Company Update (NYSE:BA): Boeing to Recognize Cost Reclassification and Charges to Second-Quarter Earnings

[PR Newswire] – CHICAGO, July 21, 2016 /PRNewswire/ — The Boeing Company [NYSE: BA] announced today it will recognize an impact to earnings across three programs when it announces second-quarter 2016 results on July 27. On the 787 program, the company decided not to invest funds for the refurbishment and sale of the two remaining unsold flight test aircraft that were scheduled to be introduced into the modification line. Read more on this. , valued at $irecting to http://finance.ya, ended session yesterday at $. Looking at today’s market, BA one day range is $ with a trailing 52-week range being $. Priced at x this year’s forecasted earnings, BA shares are relatively inexpensive compared to the industry’s x forward p/e ratio. Consensus earnings for the current quarter by the 0 sell-side analysts covering the stock is an estimate of $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $ would be a $0.00 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. In terms of ratings, d BA from to (/f). Previously, d BA from to . When considering if the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:BA) Similar Articles: Stock Update: The Boeing Company (NYSE:BA) – US Air Force says Boeing KC-46 tanker passes final test for initial production Market Update: The Boeing Company (NYSE:BA) – Boeing and Microsoft Reach Agreement to Advance Commercial Aviation Analytics Solutions in the Cloud Company Update: The Boeing Company (NYSE:BA) – Boeing to Release First-Quarter Results on April 27
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