Should You Sell Boeing Stock Ahead of Its Upcoming Earnings?
Boeing (NYSE:BA) is set to release its earnings on Tuesday, July 29, 2025. Historically, Boeing's stock has exhibited a pattern of negative one-day returns following earnings reports. In the past five years, the stock declined on the day after earnings in 55% of the occurrences. The median drop for one day was -2.9%, with the most significant single-day drop reaching -8.8%.
While the actual results compared to consensus expectations will be vital, comprehending these historical trends can give an edge to event-driven traders. There are two main strategies to utilize this information:
Analysts expect a loss of $1.31 per share on revenue of $21.72 billion for the upcoming quarter. This is in comparison to a loss of $2.90 per share on revenue of $16.87 billion in the same quarter last year, suggesting an anticipated improvement in financial results.
From a fundamental viewpoint, Boeing currently has a market capitalization of $176 billion. Over the last twelve months, the company reported $69 billion in revenue. However, it experienced operational losses, with operating losses of $10 billion and a net loss of $12 billion.
That being said, if you're looking for upside with less volatility than individual stocks, the Trefis High Quality portfolio offers an alternative — having surpassed the S&P 500 and achieved returns over 91% since its launch.
View earnings reaction history of all stocks
Boeing's Historical Odds Of Positive Post-Earnings Return
Here are some insights regarding one-day (1D) post-earnings returns:
Further information regarding 5-Day (5D) and 21-Day (21D) returns post-earnings is summarized along with the metrics in the table below.
BA 1D, 5D, and 21D Post Earnings Return
Correlation Between 1D, 5D, and 21D Historical Returns
A relatively less risky strategy (though not effective if the correlation is weak) is to comprehend the correlation between short-term and medium-term returns post-earnings, identify a pairing that shows the highest correlation, and execute the suitable trade. For instance, if 1D and 5D demonstrate the highest correlation, a trader could position themselves 'long' for the next 5 days if the 1D post-earnings return is positive. Here is some correlation data based on a 5-year and a 3-year (more recent) history. The correlation 1D_5D refers to the connection between 1D post-earnings returns and the following 5D returns.
BA Correlation Between 1D, 5D and 21D Historical Returns
Is There Any Correlation With Peer Earnings?
Occasionally, the performance of peers can impact the post-earnings stock reactions. In fact, pricing might start prior to the earnings announcements. Here are some historical insights on the post-earnings performance of Boeing stock compared with the stock performance of peers that reported earnings just before Boeing. For a fair comparison, peer stock returns also indicate post-earnings one-day (1D) returns.
BA Correlation With Peer Earnings
Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all 3, the S&P 500, S&P mid-cap, and Russell 2000), producing strong returns for investors. Separately, if you seek upside with a smoother experience than an individual stock like Boeing, consider the High Quality portfolio, which has outperformed the S&P and achieved >91% returns since its inception.
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The S&P 500 (^GSPC) fell 0.4% to end Tuesday, a reversal from gains earlier in the day. The Dow Jones Industrial Average (^DJI) fell more than 400 points. The Materials (XLV), Health Care (XLV), and Financial (XLF) Sectors led declines on the S&P 500 amid a Consumer Price Index report that showed inflation ticking up in June and mixed quarterly earnings results from major financial institutions. Meanwhile, tech stocks pushed higher Tuesday, with the Nasdaq (^IXIC) closing the trading session up 0.2%, paring earlier gains but notching a fresh record high. The index's gains were fueled by a jump in shares of AI chipmaker Nvidia (NVDA), which hit its own fresh record high. Coinbase, crypto stocks fall after Congress fails to advance crypto bills Crypto stocks fell after the US House of Representatives failed to advance three cryptocurrency-related bills on Tuesday. 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With Trump once again spinning the tariff dial higher, how expectations shift in this chart shift in the coming months will remain a key talking point when understanding how investor fears around tariffs are evolving. 5 reasons why crypto is having another moment Bitcoin's (BTC-USD) 75% surge from its November lows isn't just another speculative spike, Yahoo Finance's Francisco Velasquez reports: Read the full story here. Bitcoin's (BTC-USD) 75% surge from its November lows isn't just another speculative spike, Yahoo Finance's Francisco Velasquez reports: Read the full story here. Tech continues winning streak as other sectors fall The Technology Sector (XLK) led US stocks on Tuesday, climbing more than 1% and continuing its recent trend of outperforming other industries after tech stocks saw a turbulent start to the year. Nvidia (NVDA) led the "Magnificent Seven" tech stocks higher, rising 4% in afternoon trading after the chipmaker said it expected to resume sales of its AI chips to China. Shares of Google (GOOG) and Apple (AAPL) also rose more than 1% Tuesday. Meanwhile, the Health Care (XLV) and Energy (XLB) Sectors dragged indexes lower Tuesday after the latest Consumer Price Index report showed prices rising in June and lowered expectations for rate cuts from the Federal Reserve. The Financial Sector (XLF) was dragged lower as the stocks of large financial institutions — JPMorgan (JPM), Wells Fargo (WFC), BlackRock (BLK), and The Bank of New York Mellon (BK) — fell amid mixed earnings results. The Technology Sector (XLK) led US stocks on Tuesday, climbing more than 1% and continuing its recent trend of outperforming other industries after tech stocks saw a turbulent start to the year. Nvidia (NVDA) led the "Magnificent Seven" tech stocks higher, rising 4% in afternoon trading after the chipmaker said it expected to resume sales of its AI chips to China. Shares of Google (GOOG) and Apple (AAPL) also rose more than 1% Tuesday. Meanwhile, the Health Care (XLV) and Energy (XLB) Sectors dragged indexes lower Tuesday after the latest Consumer Price Index report showed prices rising in June and lowered expectations for rate cuts from the Federal Reserve. The Financial Sector (XLF) was dragged lower as the stocks of large financial institutions — JPMorgan (JPM), Wells Fargo (WFC), BlackRock (BLK), and The Bank of New York Mellon (BK) — fell amid mixed earnings results. Tesla launches in India with small bet on potentially massive market Tesla (TSLA) officially launched in India on Tuesday, making a small bet on a country with massive growth potential, Yahoo Finance's Pras Subramanian reported. Tesla stock was down less than 1% in early afternoon trading. Separately, the Wall Street Journal on Tuesday reported that Tesla's top sales executive in North America left the EV maker. Read the full story here. Tesla (TSLA) officially launched in India on Tuesday, making a small bet on a country with massive growth potential, Yahoo Finance's Pras Subramanian reported. Tesla stock was down less than 1% in early afternoon trading. Separately, the Wall Street Journal on Tuesday reported that Tesla's top sales executive in North America left the EV maker. Read the full story here. 30-year Treasury yield rises above 5% for first time in six weeks The 30-year Treasury (^TYX) yield rose 5 basis points to 5.02%, its highest level since May 23, as investors' long-term inflation expectations rose in light of a CPI report that showed prices rising in June. Meanwhile, the 10-year Treasury (^TNX) yield rose 5.2 basis points to 4.5%, its highest level in a month. The Consumer Price Index rose 2.7% over the prior year in June, an uptick from May's 2.4%. The 30-year Treasury (^TYX) yield rose 5 basis points to 5.02%, its highest level since May 23, as investors' long-term inflation expectations rose in light of a CPI report that showed prices rising in June. Meanwhile, the 10-year Treasury (^TNX) yield rose 5.2 basis points to 4.5%, its highest level in a month. The Consumer Price Index rose 2.7% over the prior year in June, an uptick from May's 2.4%. Alibaba, Baidu jump as the Chinese tech firms are 'poised to benefit from Nvidia's return to China' US-listed shares of Alibaba (BABA) and Baidu (BIDU) jumped 6.4% and 7.8%, respectively, on Tuesday following news that Nvidia (NVDA) is set to resume sales of its AI chips to China. CFRA Research analyst Angelo Zino said the two Chinese tech giants, which operate AI cloud services, are "poised to benefit from Nvidia's return to China." "Both companies are aggressively stepping up AI infrastructure build efforts, which we expect to help drive AI spending growth in the region," Zino wrote in an analysis Tuesday. "Access to advanced Nvidia chips is a welcoming sign for Chinese cloud providers." Zino added: "Although we acknowledge that Chinese companies like Huawei are developing their own AI chips, we think domestic brands are inferior to the performance constrained H20 GPUs." US-listed shares of Alibaba (BABA) and Baidu (BIDU) jumped 6.4% and 7.8%, respectively, on Tuesday following news that Nvidia (NVDA) is set to resume sales of its AI chips to China. CFRA Research analyst Angelo Zino said the two Chinese tech giants, which operate AI cloud services, are "poised to benefit from Nvidia's return to China." "Both companies are aggressively stepping up AI infrastructure build efforts, which we expect to help drive AI spending growth in the region," Zino wrote in an analysis Tuesday. "Access to advanced Nvidia chips is a welcoming sign for Chinese cloud providers." Zino added: "Although we acknowledge that Chinese companies like Huawei are developing their own AI chips, we think domestic brands are inferior to the performance constrained H20 GPUs." JPMorgan's Dimon warns against 'playing around with the Fed' as Powell pressure mounts JPMorgan's (JPM) CEO issued a warning that President Trump's intensifying pressure on the Federal Reserve to cut interest rates and replace the central bank's chair, Jerome Powell, could have unintended effects. Yahoo Finance's David Hollerith and Ben Werschkul report: Read the full story here. JPMorgan's (JPM) CEO issued a warning that President Trump's intensifying pressure on the Federal Reserve to cut interest rates and replace the central bank's chair, Jerome Powell, could have unintended effects. Yahoo Finance's David Hollerith and Ben Werschkul report: Read the full story here. MP Materials stock soars after $500 million rare earths deal with Apple US-based rare earth materials miner MP Materials Corp. (MP) saw its stock soar more than 22% Tuesday after announcing a deal with Apple (AAPL). Apple on Tuesday said that it had committed to a $500 million multiyear deal with MP Materials to buy its rare earth magnets for the tech giant's products. The iPhone maker said the deal was part of its effort to build out its US supply chain. Apple has committed to spending over $500 billion in the US to help expand its domestic manufacturing capacity. 'Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States," Apple CEO Tim Cook said Tuesday. Apple has come under pressure from President Trump, who has threatened the company with 25% tariffs on its overseas-made iPhones. Apple stock rose fractionally on Tuesday morning. US-based rare earth materials miner MP Materials Corp. (MP) saw its stock soar more than 22% Tuesday after announcing a deal with Apple (AAPL). Apple on Tuesday said that it had committed to a $500 million multiyear deal with MP Materials to buy its rare earth magnets for the tech giant's products. The iPhone maker said the deal was part of its effort to build out its US supply chain. Apple has committed to spending over $500 billion in the US to help expand its domestic manufacturing capacity. 'Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States," Apple CEO Tim Cook said Tuesday. Apple has come under pressure from President Trump, who has threatened the company with 25% tariffs on its overseas-made iPhones. Apple stock rose fractionally on Tuesday morning. Tech leads US stocks higher Tech led stocks higher on Tuesday as chip stocks rose across the board following news that AI chipmaker Nvidia (NVDA) and its rival AMD (AMD) were on track to resume sales of their chips to China. The Nasdaq Composite (^IXIC) jumped 0.7%, while the S&P 500 (^GSPC) rose 0.3%. The Dow Jones Industrial Average (^DJI) fell 0.3%, as a key consumer inflation report showed prices accelerated in June. Meanwhile, big banks' earnings season kicked off with mixed results from JPMorgan (JPM), Citi C) and Wells Fargo (WFC). Shares of Citi rose after better-than-expected earnings, while Wells Fargo fell as the bank cut its full year forecast for net interest income, a key profitability metric. JPMorgan's dealmaking boost in the quarter demonstrated how Wall Street recovered from Trump's most sweeping tariffs in real time but wasn't enough to push the stock higher, with shares falling 1% early Tuesday. Tech led stocks higher on Tuesday as chip stocks rose across the board following news that AI chipmaker Nvidia (NVDA) and its rival AMD (AMD) were on track to resume sales of their chips to China. The Nasdaq Composite (^IXIC) jumped 0.7%, while the S&P 500 (^GSPC) rose 0.3%. The Dow Jones Industrial Average (^DJI) fell 0.3%, as a key consumer inflation report showed prices accelerated in June. Meanwhile, big banks' earnings season kicked off with mixed results from JPMorgan (JPM), Citi C) and Wells Fargo (WFC). Shares of Citi rose after better-than-expected earnings, while Wells Fargo fell as the bank cut its full year forecast for net interest income, a key profitability metric. JPMorgan's dealmaking boost in the quarter demonstrated how Wall Street recovered from Trump's most sweeping tariffs in real time but wasn't enough to push the stock higher, with shares falling 1% early Tuesday. Chip stocks jump, Nvidia eyes fresh record as it looks to resume H20 sales to China Chip stocks climbed Tuesday before the market open after Nvidia (NVDA) and AMD (AMD) said they are planning to resume sales of their AI chips to China after the US government approves them. Nvidia climbed more than 4%, while AMD jumped over 5%. Micron (MU) and Broadcom (AVGO) rose about 2%. US-listed shares of Nvidia and AMD's contract manufacturer, TSMC (TSM), gained more than 2%. Nvidia's gain is set to push the stock to a new record high, boosting the company's market cap further above the $4 trillion mark after cementing its spot as the world's most valuable company in history last week. Read the full story about Nvidia stock's gain on Tuesday here. Chip stocks climbed Tuesday before the market open after Nvidia (NVDA) and AMD (AMD) said they are planning to resume sales of their AI chips to China after the US government approves them. Nvidia climbed more than 4%, while AMD jumped over 5%. Micron (MU) and Broadcom (AVGO) rose about 2%. US-listed shares of Nvidia and AMD's contract manufacturer, TSMC (TSM), gained more than 2%. Nvidia's gain is set to push the stock to a new record high, boosting the company's market cap further above the $4 trillion mark after cementing its spot as the world's most valuable company in history last week. Read the full story about Nvidia stock's gain on Tuesday here. Consumer price increases accelerate in June The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.7% over the prior year in June, an acceleration from May's 2.4% and above economists' forecast for 2.6%. On a month-over-month basis, prices increased 0.3%, in line with economists' expectations. Prices increased 0.1% on a monthly basis in May by comparison. On a "core" basis, which strips out the more volatile costs of food and gas, prices in June climbed 0.2% over the prior month, ahead of May's 0.1% rise but below consensus projections for a 0.3% increase. Over the last year, core prices rose 2.9%, in line with expectations and above the 2.8% seen the month prior. Read more here. The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.7% over the prior year in June, an acceleration from May's 2.4% and above economists' forecast for 2.6%. On a month-over-month basis, prices increased 0.3%, in line with economists' expectations. Prices increased 0.1% on a monthly basis in May by comparison. On a "core" basis, which strips out the more volatile costs of food and gas, prices in June climbed 0.2% over the prior month, ahead of May's 0.1% rise but below consensus projections for a 0.3% increase. Over the last year, core prices rose 2.9%, in line with expectations and above the 2.8% seen the month prior. Read more here. Trending tickers premarket: Nvidia, JPMorgan, BlackRock, The Trade Desk Here's a look at the top tickers trending on Yahoo Finance this morning: Check out more trending tickers here. Here's a look at the top tickers trending on Yahoo Finance this morning: Check out more trending tickers here. JPMorgan gets a dealmaking boost as Wall Street recovered from tariff tumult JPMorgan Chase's (JPM) second quarter results came in better than expected on Tuesday, though shares in the bank were lower by less than 1% in premarket trading. Yahoo Finance's David Hollerith reports: Read more here. JPMorgan Chase's (JPM) second quarter results came in better than expected on Tuesday, though shares in the bank were lower by less than 1% in premarket trading. Yahoo Finance's David Hollerith reports: Read more here. Jerome Powell has more housing problems now, including the Fed's For all the talk about the Fed's prolonged challenge to tame the frenzy of the COVID-era housing market, it's the central bank's own headquarters that's drawing intense scrutiny from the White House. But that's just one of the Fed's housing problems, Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. For all the talk about the Fed's prolonged challenge to tame the frenzy of the COVID-era housing market, it's the central bank's own headquarters that's drawing intense scrutiny from the White House. But that's just one of the Fed's housing problems, Yahoo Finance's Hamza Shaban reports in today's Morning Brief: Read more here. BlackRock assets balloon to over $12 trillion in Q2 BlackRock's (BLK) assets under management surged to top $12 trillion in the second quarter, the first money manager to pass that milestone. Adjusted quarterly profit came in at $1.88 billion, or $12.05 per share, up from $1.55 billion, or $10.36 per share, a year earlier. That compares with an average estimate for $10.78 a share, per a FactSet survey of analysts. Shares in BlackRock slipped 1% in premarket trading as investors parsed its results. Reuters reports: Read more here. BlackRock's (BLK) assets under management surged to top $12 trillion in the second quarter, the first money manager to pass that milestone. Adjusted quarterly profit came in at $1.88 billion, or $12.05 per share, up from $1.55 billion, or $10.36 per share, a year earlier. That compares with an average estimate for $10.78 a share, per a FactSet survey of analysts. Shares in BlackRock slipped 1% in premarket trading as investors parsed its results. Reuters reports: Read more here. Nvidia shares pop as US clears way for AI chip sales to China Nvidia (NVDA) stock is popping in premarket trade after the AI chipmaker got a breakthrough in its China sales logjam. Shares are up 5% after Nvidia said it had secured Trump administration approval to restart deliveries of its China-tailored AI chip. Bloomberg reports: Read more here. Nvidia (NVDA) stock is popping in premarket trade after the AI chipmaker got a breakthrough in its China sales logjam. Shares are up 5% after Nvidia said it had secured Trump administration approval to restart deliveries of its China-tailored AI chip. Bloomberg reports: Read more here. Gold bounces back from early week slip Gold (GC=F) prices rebounded from a mild dip Monday as global tariff talks have failed to offer investors a sense of security, bolstering the value of the haven asset. Bloomberg reports: Bullion rose as much as 0.5% after dropping by a similar amount in the previous session. President Donald Trump said he was open to more talks with major economies including the European Union. But that appeared to be at odds with his insistence that letters to governments setting tariff rates are 'the deals' for trade partners. The precious metal has surged by more than a quarter this year, hitting a record above $3,500 an ounce in April, as the US's aggressive and erratic trade policy enhanced its appeal as a store of value in uncertain times. However, the rally has stalled over the last three months as investors wait for more clarity on the eventual contours of the new trade system, and on signs they're hesitant to buy gold at such elevated levels. 'If trade talks deteriorate before August, we could easily see bullion retest or even breach its former highs,' said Fawad Razaqzada, a market analyst at City Index. 'For now, the market seems firmly in wait-and-see mode, keeping the gold forecast leaning cautiously bullish.' Read more here. Gold (GC=F) prices rebounded from a mild dip Monday as global tariff talks have failed to offer investors a sense of security, bolstering the value of the haven asset. Bloomberg reports: Bullion rose as much as 0.5% after dropping by a similar amount in the previous session. President Donald Trump said he was open to more talks with major economies including the European Union. But that appeared to be at odds with his insistence that letters to governments setting tariff rates are 'the deals' for trade partners. The precious metal has surged by more than a quarter this year, hitting a record above $3,500 an ounce in April, as the US's aggressive and erratic trade policy enhanced its appeal as a store of value in uncertain times. However, the rally has stalled over the last three months as investors wait for more clarity on the eventual contours of the new trade system, and on signs they're hesitant to buy gold at such elevated levels. 'If trade talks deteriorate before August, we could easily see bullion retest or even breach its former highs,' said Fawad Razaqzada, a market analyst at City Index. 'For now, the market seems firmly in wait-and-see mode, keeping the gold forecast leaning cautiously bullish.' Read more here.
