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Turbulence (BA Earnings)

Boeing (BA) is set to report Q1 results tomorrow before the open (last quarter they released at 7:30am ET) with a call to follow at 10:30am ET. 

The Capital IQ consensus estimate for Q1 core EPS (non-GAAP) is $2.59 and for revenue it's $22.22 bln. 

BA guides only on an annual basis, not quarterly. In late January, BA guided to 2018 core EPS of $13.80-14.00. 

BA has beaten consensus estimates for six quarters in a row, with double digit EPS beats each time but one. 

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BA has stagnated a bit thus far in 2018, having difficulty getting through the $360 area. 

Keep an eye on Boeing suppliers, including ARNC, COL, GE, SPR, TDG, TGI and UTX.