Portfolio Management
Aerospace company Boeing (BA) released its fourth quarter financial results before the opening bell on Wednesday.
Inside BA’s Results
Earnings
BA reported earnings of $2.34 billion, or $2.31 per share, up from $1.84 billion, or $1.88 per share, last year. On average, analysts expected to see EPS of $2.10.
Revenue
Revenue came in at $24.47 billion, up from $23.79 billion. Analysts expected to see revenue of $23.78 billion.
Outlook
Looking forward, BA expects to see revenue between $94.5 billion and $96.5 billion and EPS between $8.20 and $8.40. Analysts expect to see EPS of $8.64 and revenue of $93.25 billion.
Boeing Benefiting from Low Energy Prices
The airline sector has been outperforming due to low energy prices, which has been beneficial to Boeing. The company also offers investors an attractive yield of about 2.6% and has room to grow its dividend.
Mutual Funds to Watch
Investors interested in BA may be interested in the funds listed below. These funds currently have the largest stakes in the company.
| Symbol | Mutual Fund | Stake |
|---|---|---|
| VTSMX | Vanguard Total Stock Market Index | 1.52% |
| VFINX | Vanguard 500 Index | 1.08% |
| PRGFX | T. Rowe Price Growth Stock | 0.60% |
The Bottom Line
The funds listed above allow investors to gain exposure to BA while remaining diversified. Investors interested in BA may also be interested in Lockheed Martin (LMT).
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