Boeing (BA) is about to give its most public accounting yet of how the 737 Max crisis has hurt its bottom line.
Analysts surveyed by Refinitiv forecast that earnings per share fell 11%, compared to the same quarter last year. Experts had previously forecast that Boeing's quarterly earnings would increase 18%.
Boeing halted deliveries of its Max jets following two deadly crashes in less than six months. That will cost Boeing significant revenue, because most of the cost of a plane is paid at the time it's delivered.
Investors will be eager to hear what Boeing says about when the grounding will be lifted, as well as the company's outlook for orders for the jet.
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