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Aerospace giant $BA reported a 30% drop in 4Q15 earnings hurt by $569MM charge it took while cutting production of its jumbo 747-8 jetliners. Net income slid to $1.03Bil or $1.51 per share from $1.47Bil or $2.02 per share last year. Sales declined 4% to $23.57Bil, mainly due to slow air cargo market. Adjusted EPS tumbled by 31% to $1.60.
Looking forward for $STT’s 2017 first quarter earnings results. Is it possible for them to outperform their estimates?
$HAL has cautioned that its 1Q profit is likely to miss projections. I’m expecting EPS to be in low single digits.!
$GOOG is losing more advertisers after the boycotts over extremist ads. Future is not so bright for Google in the advertising sector..!