My Account Menu

CAPA Login


Register to trial CAPA Membership!

Boeing shares dip ahead of earnings report

26-Jan-2011

Boeing's shares closed 0.7% lower yesterday ahead of Wednesday's fourth quarter and full-year profit reports.

Argus Research downgraded Boeing from “buy” to “hold”, noting that ongoing B787 delays and defence spending cuts are not yet priced into the stock. Meanwhile T Rowe Price Group stated Boeing's outlook is “very positive” once deliveries commence for the B787.

Analysts polled by Bloomberg are expecting Boeing to report adjusted fourth-quarter earnings may of USD1.11 per share, down from USD1.79 in the previous corresponding period.

Shares in rival Airbus' parent EADS gained 1% yesterday.

Selected OEMs' share price performance: 25-Jan-2011

OEMs


Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.