Boeing Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The Boeing Company (NYSE:BA) will release earnings results for its third quarter, before the opening bell on Wednesday, Oct. 23.

Analysts expect the Arlington, Virginia-based company to report a quarterly loss at $10.52 per share, versus a year-ago loss of $10.48 per share. Boeing projects to report revenue of $6.06 billion for the quarter, compared to $17.82 billion, compared to $16.51 billion a year earlier, according to data from Benzinga Pro.

According to Reuters, Boeing plans to issue around $10 billion in new shares and $5 billion in mandatory convertible bonds, a hybrid bond that converts into equity at a predetermined date. The plane maker also filed regulatory documents indicating it could raise up to $25 billion in stock and debt.

Boeing shares rose slightly to close at $159.88 ...