Boeing Reports Smaller Q3 Loss, Falls Short of Expectations
Boeing's Q3 Loss: Boeing reported a loss of -$5.424 billion for the third quarter, an improvement from -$6.170 billion in the same period last year, but still missed analysts' expectations.
Earnings Per Share: The company's earnings per share (EPS) were -$7.14, compared to -$9.97 last year, while adjusted earnings were -$5.049 billion or -$7.47 per share.
Revenue Growth: Boeing's revenue increased by 30.4% to $23.270 billion, up from $17.840 billion in the previous year.
Analyst Expectations: Analysts had anticipated a smaller loss, expecting the company to earn -$2.38 per share, which typically excludes special items.
Trade with 70% Backtested Accuracy
Analyst Views on BA
About BA
About the author

- Mission Failure Assessment: NASA's 300-page report reveals severe technical issues and management failures during Starliner's first crewed flight, resulting in two astronauts being stranded on the ISS for nine months, highlighting deficiencies in NASA's crisis management.
- Accident Classification Upgrade: Administrator Isaacman elevated the seriousness of the Starliner flight to a 'Type A mishap,' the highest classification of mission failure, indicating potential threats to astronaut safety and reflecting internal pressures that influenced decisions regarding Boeing.
- Root Causes of Technical Issues: The report points to Boeing's failures in system engineering and hardware integration management as primary factors behind the mission's challenges, particularly with helium leaks and temporary thruster failures shortly after launch.
- Boeing's Response Measures: Boeing claims to have made progress in addressing technical and cultural issues and is working closely with NASA to ensure readiness for future Starliner missions, although the current trust crisis remains a significant concern.
Airbus Financial Guidance: Airbus has provided unexpected financial guidance for 2026, indicating a strong outlook for the company.
Impact on Aerospace Supply Chain: This guidance reflects not only Airbus's competition with Boeing but also its influence on the broader aerospace supply chain, particularly concerning jetliner engines.
- Market Volatility: The S&P 500 fell on Thursday as tensions between the U.S. and Iran escalated, indicating that investors may be reducing equity exposure ahead of the weekend, reflecting concerns over geopolitical uncertainty.
- CrowdStrike Performance: Despite the broader market weakness, CrowdStrike's stock rose about 1%, although it remains down approximately 10% year-to-date; Jim Cramer believes that the increasing security risks associated with AI adoption will drive business growth, making it a top buy.
- Texas Roadhouse Earnings: Texas Roadhouse is set to report quarterly earnings after the bell, with expectations for strong same-store sales; however, Jim is concerned about declining margins due to beef inflation, with management guiding for a 7% commodity inflation rate in 2026.
- Boeing Order Situation: Boeing's stock fell nearly 1% despite signing a deal worth over $30 billion to sell around 100 aircraft to Vietnamese carriers, yet Jim remains steadfast in his confidence in Boeing's turnaround plan under CEO Kelly Ortberg's leadership.
- SpaceX IPO Context: NASA's traditional methods of space operations are being contrasted with the emerging commercial space industry as SpaceX prepares for its IPO.
- Changing Landscape: The commercial space sector is rapidly evolving, suggesting that NASA's historical practices may not be sustainable in the new competitive environment.
- Conservative Delivery Guidance: Airbus expects to deliver 870 aircraft in 2026, falling short of market expectations, which led to a nearly 7% drop in stock price during Thursday's session, pushing it into negative territory year-to-date and indicating a loss of market confidence.
- Increased Competitive Pressure: While Airbus shares have risen over 11% in the past 12 months, U.S. rival Boeing has surged 32% in the same period, highlighting Airbus's disadvantage in market competition, which could impact future market share.
- Analysts Remain Optimistic: Despite the disappointing delivery guidance, 17 out of 25 analysts still rate Airbus as a Buy, suggesting that the current stock price adjustment may present an attractive entry point for investors, reflecting confidence in the company's long-term prospects.
- Supply Chain Challenges: Airbus attributed the lowered delivery guidance to its key supplier Pratt & Whitney's failure to meet engine orders, and although the CEO noted significant improvements in supply chain performance, issues like engine shortages continue to weigh on market sentiment.
- Walmart's Earnings Outlook: Walmart's full-year earnings guidance of $2.75 to $2.95 falls short of the $2.96 consensus, indicating challenges in resetting market expectations despite food inflation at just 1%, while authorizing a $30 billion stock buyback program to support its stock price.
- Boeing Order Growth: Boeing secured nearly 100 jet orders from three Vietnamese airlines, indicating a recovery in its backlog, and as CEO Kelly Ortberg's turnaround progresses, a breakout moment for earnings is anticipated, prompting investors to position themselves ahead of this potential growth.
- Deere's Profit Forecast Upgrade: Deere raised its 2026 profit forecast to between $4.5 billion and $5 billion, surpassing the FactSet consensus of $4.38 billion, reflecting a recovery in its construction and small agriculture segments, which led to a 6% increase in its stock price.
- eBay's Strong Performance: eBay reported a blowout quarter with a strong first-quarter outlook, resulting in a 6% stock increase, and announced the acquisition of secondhand fashion app Depop for $1.2 billion, showcasing the company's resurgence in the marketplace.











