Boeing Co (NYSE:BA) is gearing up to report second-quarter earnings this week. Investors will be watching for any signs of a turnaround given the planemaker’s dismal performance year-to-date.
Here’s what you need to know ahead of the print.
What To Know: Boeing is set to report financial results for the second quarter before the market opens on Wednesday. Analysts are anticipating a quarterly loss of $1.76 per share and revenue of $17.266 billion, according to estimates from Benzinga Pro.
Boeing shares have been under pressure this year as the company has faced increased scrutiny ever since a door plug blew out of a 737 Max 9 plane midflight in early January. A series of subsequent flight incidents followed, keeping the attention on Boeing.
Boeing CEO Dave Calhoun said he will step down by the end of the year, given all the challenges the company faced under his leadership.
Last quarter, Boeing beat analyst estimates on the top and …