Investing.com – Boeing (NYSE:) reported third quarter that missed analysts’ expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.45 on revenue of $19.98B. Analysts polled by Investing.com anticipated EPS of $2.08 on revenue of $19.56B. That compared to EPS of $3.58 on revenue of $25.15B in the same period a year earlier. The company had reported EPS of $-5.82 on revenue of $15.75B in the previous quarter.
Boeing shares lost 1.78% to trade at $331.00 in pre-market trade following the report.
Boeing follows other major Capital Goods sector earnings this month
On October 17, Honeywell reported third quarter EPS of $2.08 on revenue of $9.09B, compared to forecasts of EPS of $2.01 on revenue of $9.12B.
United Technologies earnings beat analysts’ expectations on Tuesday, with third quarter EPS of $2.21 on revenue of $19.5B. Investing.com analysts expected EPS of $2.03 on revenue of $19.32B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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