Boeing (BA) Heads Into July 28 Earnings With $695B Backlog And Analysts Calling 29% Upside
Boeing (NYSE: BA) enters its July 28 second-quarter earnings report carrying a record $695 billion backlog, a figure that dwarfs its current market capitalization of $164.48 billion by more than four times. First-quarter revenue grew 14% year over year to $22.217 billion, signaling that the company’s long-anticipated turnaround is beginning to produce measurable financial results….