Jump to content

US Earnings: What to expect from Boeing Co. Q4 results?


Recommended Posts

The Boeing Co. is expected to see improved revenue and earnings over the fourth quarter, although a full year loss is still expected

bg%20boeing%20234234234234.jpgSource Bloomberg

 Shaun Murison | Senior Market Analyst, Johannesburg | Publication date: Saturday 21 January 2023 

When is Boeing’s earnings date?

The Boeing Company, the New York Stock Exchange (NYSE) listed aerospace business will report its fiscal fourth quarter (Q4 2022) and full year (FY22) results on Wednesday the 25th of January 2023.

Boeing Co. results Q4 2022 and FY22 earnings preview, what does ‘The Street’ expect?

A consensus of estimates from Refinitiv data arrives at the following expectations for the Q4 2022 Boeing Co. results:

  • Revenue $20.26bn (+37.06% y/y)
  • Earnings Before tax Depreciation and Amortization (EBITDA) $1.388bn (+>100% y/y)
  • EPS of $0.24 (+ >100% y/y)


A consensus of estimates from Refinitiv arrives at the following expectations for the FY22 Boeing Co. results:

  • Revenue $66.80bn (+7.25% y/y)
  • Earnings Before tax Depreciation and Amortization (EBITDA) -$11.98m (+98% y/y)
  • EPS of -$8.88 (+ 5.89% y/y)

How to trade the Boeing Co. results

A Refinitiv poll of twenty-four analysts maintain a long-term average rating of buy for Boeing Co. (as of the 20th of January 2023), with 7 of these analysts recommending a strong buy, 11 recommending a buy, 5 hold, 1 sell and 0 with a strong sell recommendation on the stock.

BrokerBoeing.pngSource IG

Fifty eight percent of IG clients with open positions on Boeing Co. (as of the 20th of January 2023) expect the share price to rise in the near term, forty two percent of IG clients with open positions on the company expect the price to fall.

CLientBoeing.pngSource IG

Boeing Co. - Technical Analysis

The Share price of Boeing looks to have now reversed its longer-term downtrend. This is noted by the price having broken well above trend line resistance.

The share price is currently retracing from overbought territory.

Traders might look for the current pullback from overbought territory to end with a bullish price reversal closer to one of the support levels labelled on our chart, before finding long entry. In this scenario, a close below the reversal low might be used as a stop loss indication for the trade while the 216.50 level provides and initial upside target. A break above this level would consider 235.00 a further longer term upside resistance target.


ChartBoeing.pngSource IG

In summary

  • The Boeing Co. will report its fourth quarter and full year earnings for 2022 on Wednesday the 25th of January 2023
  • Revenue of $20.26bn 7.48bn is expected for the fourth quarter
  • EPS of $0.24 is expected for the fourth quarter
  • 58% of IG clients with open positions on the stock expect the price to rise in the near term
  • The share price of Boeing is currently pulling back from overbought territory although does now trade in a longer-term uptrend
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 27/01/23 19:31
  • Posts

    • I am a beginner, and I must say, there are a lot of rules to the trading game that one must abide by if they want to be successful.   Here, the writer mentions several basic rules for day vs swing trading.  However, I find that often times, the reasoning for these rules is not as  obvious for a beginner as it may be for an expert.   The 'why' factor if I may. For example, why must you have a large capital to trade with as a day trader? Because your positions must be large so that a small change in price will be augmented and turned into a large profit. Also, with such high risk, the margin will be specially high, given the trader is taking up large positions at a time.  Without a large amount of capital, positions may be forced to close due to funds being below margin requirements.  When this happens, you can expect to lose tons of cash, fast.  I learned the hard way. All the best, David Franco      
    • USDJPY has been regaining ground this week, but inflation differentials and a three-month trend signal the potential for another turn lower Source: Bloomberg      Joshua Mahony | Senior Market Analyst, London | Publication date: Friday 27 January 2023  USDJPY set for third monthly decline The USDJPY pair has been on the slide since its October high, with the historical 147.63 resistance level ultimately marking the end of the dramatic 21-month rally that saw the pair gain almost 50%. Much of that came through a period that saw US inflation soar as Japanese prices remain subdued. That disparity remains, but the direction of travel has certainly shifted as US CPI declines and Japanese price growth gradually ticks up. The overnight 4.3% figure for Tokyo core CPI represents a four-decade high, with the nationwide figures likely to follow on. The chart below highlights how USDJPY has been heavily correlated with the now tightening gap between US and Japanese inflation. However, it is more evident when shifting that inflation differential forward by seven-months. That close correlation highlights the potential for further downside as long as prices continue to trend in a similar manner. Source: ProRealTime Looking at the daily chart, the recent rebound has taken price up towards the top-end of a descending channel and Fibonacci resistance. This highlights the bearish pattern that has been playing out, with lower highs and lower lows in place in recent months. Unless we see price rise through trendline and 134.77 resistance, another turn lower looks likely for this pair. Source: ProRealTime
    • @MongiIG Hi - You recently covered Long NICKEL Trading the Trend and A. Rudolf did this morning but I see it is Closing only. Please clarify, Thanks D600
  • Create New...