Boeing Reports Non-GAAP EPS of -$7.47, Falling Short by $5.09, While Revenue of $23.27B Exceeds Expectations by $1.14B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2025
0mins
Should l Buy BA?
Source: SeekingAlpha
Q3 Earnings Report: Boeing reported a Q3 non-GAAP EPS of -$7.47, missing expectations by $5.09, while revenue increased by 30.4% year-over-year to $23.27 billion, surpassing estimates by $1.14 billion.
Production and Backlog: The company stabilized its 737 production at 38 units per month, with plans to increase to 42 per month following an agreement with the FAA; total backlog reached $636 billion, including over 5,900 commercial airplanes.
Stock Performance: Boeing's shares fell by 2.3% in after-hours trading following the earnings announcement.
Labor Issues: The strike at Boeing's St. Louis facility has entered its third month, with machinists rejecting a fourth contract offer.
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Analyst Views on BA
Wall Street analysts forecast BA stock price to rise
16 Analyst Rating
14 Buy
1 Hold
1 Sell
Strong Buy
Current: 225.000
Low
150.00
Averages
269.14
High
298.00
Current: 225.000
Low
150.00
Averages
269.14
High
298.00
About BA
The Boeing Company is an aerospace company. Its segments include Commercial Airplanes (BCA), Defense, Space & Security (BDS), and Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft principally for the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Production Continues: Despite the defect, production of the 737 Max continues at the current pace, with affected aircraft undergoing rework expected to take only a few days, thereby minimizing the impact on delivery schedules.
- Orders and Deliveries: Boeing delivered 51 commercial aircraft in February, marking its strongest monthly result since 2017, and secured 21 gross aircraft orders, although six were cancellations, resulting in six net orders, indicating resilience in market demand.
- Potential Major Sale: Boeing is nearing a significant potential sale of about 500 737 Max jets, which could be announced during Donald Trump's planned visit to Beijing, although the agreement has not yet been finalized, potentially providing crucial support for the company's financial recovery.
See More
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- Support for Proactive Measures: The statement emphasizes the need for proactive measures to address the current situation effectively.
- Use of Strategic Reserves: It highlights the importance of utilizing strategic reserves as part of the response strategy.
See More
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- Weapon Performance: The weapons involved are Boeing's Small Diameter Bombs, designed to strike targets over 40 miles away when launched from fighter aircraft, thereby enhancing Israel's long-range strike capabilities.
- Delivery Timeline: Deliveries are not expected to begin for roughly three years, which may impact Israel's strategic planning, especially given the current tensions in the Middle East.
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See More
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- Market Demand Recovery: The increase in deliveries reflects a rebound in demand for new aircraft as airlines recover, which could enhance Boeing's revenue outlook moving forward.
- Efficiency Improvements: By optimizing production processes and supply chain management, Boeing has successfully increased delivery efficiency, which not only shortens delivery timelines but also boosts customer satisfaction.
- Strategic Implications: This delivery growth signifies Boeing's gradual recovery of market competitiveness following the challenges posed by the pandemic, with potential for further market share expansion in the future.
See More
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- Necessity of War: Israeli President Herzog stated at the Yale CEO caucus that despite the high costs, the war against Iran, initiated jointly with the U.S., is a necessary price for a better future in the Middle East, emphasizing the urgency of countering Iran.
- Regional Unity: Herzog highlighted that Middle Eastern countries are forming a NATO-like cooperative structure for the first time to collectively resist Iranian threats, demonstrating unity among regional nations in the face of a common enemy.
- Military Cooperation: He praised the unprecedented military cooperation between the U.S. and Israel, comparing it to the alliances formed during World War II, indicating that both nations share intelligence and resources on multiple levels, enhancing their capacity to confront Iran.
- Strategic Strikes on Iran: Herzog emphasized that the war is
See More
