TradingKey – On October 27, Eastern Time, Boeing (BA) saw its stock price plunge as much as 10% intraday after releasing its third-quarter 2026 financial results, hitting a low of $168.42, its lowest level since April 2025. Although growth in defense and services drove revenue up 4% year-over-year, turning operating profit positive and significantly narrowing the net loss, Boeing’s commercial airplanes business remained in the red, and defense profit was boosted by gains from asset sales, leaving the sustainability of its earnings recovery still to be observed.

In the third quarter, Boeing reported revenue of $24.188 billion, up 4% year-over-year; GAAP operating profit was $354 million, compared with a loss of $4.781 billion in the same…