Boeing reports quarterly results before the bell. Here's what Wall Street expects

Boeing is set to release its quarterly results on Wednesday. Analysts anticipate a loss of $1.76 per share and revenue of $16.23 billion. This report will provide comprehensive insight into the consequences of the midair incident involving a 737 Max 9 plane in January. The accident has resulted in increased federal scrutiny and a production slowdown, impacting Boeing’s financial performance. With expectations of a seventh consecutive quarterly loss, Boeing’s future hinges on stabilizing its production line and resolving ongoing issues. Additionally, questions remain regarding the appointment of a new CEO and the overall cost of the crisis.