Changes in US stocks | Boeing (BA.US) opened low and fell more than 7%, and core losses in the third quarter exceeded market expectations

Zhitongcaijing · 1d ago

The Zhitong Finance App learned that on Tuesday, Boeing (BA.US) opened low and went low. As of press release, the decline was over 7%, with a cumulative decline of over 27% since August. According to the news, Boeing announced its results for the third quarter of 2026 ahead of the market. According to financial reports, Boeing's Q3 sales increased 4% year over year to US$24.188 billion, better than analysts' general expectations of US$23.840 billion. GAAP net loss of US$116 million was significantly narrower than US$5.339 billion in the same period last year (US$4.9 billion in pre-tax expenses due to the 777X project in the same period last year). GAAP lost $0.26 per share; non-GAAP lost $0.34 per share, falling short of analysts' general expectations of $0.21 per share.

The company's backlog of orders reached a record $745 billion, including more than 6,300 commercial aircraft. The commercial aircraft division's revenue for the third quarter was US$10.720 billion, down 3% year on year, operating losses of US$697 million, and operating profit margin of -6.5%, mainly affected by unfavorable delivery structures, rising costs associated with future capacity adjustments, and increased supply chain costs. Boeing delivered a total of 161 commercial aircraft in the third quarter, 1 more than in the same period last year.