Posted 12/1/2023, 10:45:06 PM
Boeing Stock Outperforms Market Over Past Month Despite Recent Estimate Downgrades
- Boeing (BA) stock beat the market in recent trading, up 0.97% vs S&P 500's 0.59% gain
- BA shares up 20.63% over last month, outpacing aerospace sector and S&P 500
- Investors awaiting BA's next quarterly earnings report, projected to show improved EPS and revenue
- Recent analyst estimate revisions for BA have been negative over the past month
- BA currently a Zacks Rank #3 (Hold) stock in the top 26% of Zacks-ranked aerospace/defense industry groups