Shares of The Boeing Company (BA) are up more than 4% Wednesday morning following robust second-quarter results.
The company reported net income, first time since two years, of $587 million or $1.00 per share in the second quarter compared with net loss of $2.376 billion or $4.2 per share in the same quarter a year ago.
Core earnings for the quarter were $0.40 per share. On average seventeen analysts polled by Thomson Reuters expected the company to report loss of $0.72 per share. Revenue for the quarter increased to $16.998 billion from $11.807 billion a year ago, driven by higher commercial airplane deliveries and services volume. The consensus estimate was for $17.78 billion.
BA, currently at $233.03, has traded in the range of $141.58 $278.57 in the last 52 weeks.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.