Investing.com - Boeing (NYSE:BA) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Boeing announced earnings per share of $-15.25 on revenue of $15.30B. Analysts polled by Investing.com anticipated EPS of $-1.6 on revenue of $15.03B.
Boeing shares are down 5% from the beginning of the year, still down 42.26% from its 52 week high of $349.95 set on February 12, 2020. They are under-performing the S&P 500 which is up 2.49% from the start of the year.
Boeing shares gained 1.95% in pre-market trade following the report.
Boeing follows other major Capital Goods sector earnings this month
Boeing's report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Raytheon Technologies had beat expectations on Tuesday with fourth quarter EPS of $0.74 on revenue of $16.58B, compared to forecast for EPS of $0.6925 on revenue of $16.24B.
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