Stock Market News – Boeing & Caterpillar earnings coming up: trade conflict to weigh on their outlook?

Posted on October 22, 2018 at 3:05 pm GMT

Boeing’s earnings report for Q3 2018 is due before Wednesday’s opening bell on Wall Street. The consensus recommendation for the company is “buy”, which is in line with the average consensus recommendation for the Aerospace & Defense peer group. The plane maker’s outlook may well depend on how it performs in China, with the ongoing Sino-US trade dispute acting as a potential drag on Boeing’s prospects.   According to Reuters’ estimates, the aircraft manufacturer is anticipated to have made $3.49 in [..]

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