Boeing (BA) is set to report Q1 results tomorrow before the open with a call to follow at 10:30am ET.
The CapitalIQ consensus estimate for Q1 core EPS (non-GAAP) is a $(1.46) loss and for revenue it's $16.90 bln.
BA typically guides on an annual basis. in April 2019, the company suspended guidance due to the uncertainty surrounding return to service of the 737 MAX fleet.
There is an expectations that investors shouldn’t worry too much in terms of how BA performs relative to consensus.
Investors are going to be focusing less on the hard numbers for revs and EPS and more on BA's qualitative guidance/outlook about its prospects and air travel in general.
Keep an eye on Boeing suppliers: ARNC, ATI, COL, GE, HAYN, SPR, TDG, TGI, UTX, WWD.
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