US Stock Market Move | Boeing Company (BA.US) opened lower and extended losses, falling over 7%; its third-quarter core loss exceeded market expectations.

On Tuesday, Boeing Company (BA.US) opened lower and extended its losses, falling more than 7% as of press time, with a cumulative decline of more than 27% since August. On the news front, Boeing Company released its third-quarter 2026 results before the market opened. The financial report showed that Boeing Company's Q3 sales rose 4% year-over-year to $24.188 billion, beating the analyst consensus estimate of $23.840 billion. GAAP net loss was $116 million, significantly narrower than $5.339 billion in the same period last year (the year-ago period included a $4.9 billion pre-tax charge related to the 777X program). GAAP loss per share was $0.26; Non-GAAP loss per share was $0.34, missing the analyst consensus estimate of a loss of $0.21 per share. The company's backlog reached a record $745 billion, including more than 6,300 commercial aircraft. Third-quarter revenue at the commercial airplanes segment was $10.720 billion, down 3% year-over-year, with an operating loss of $697 million and an operating margin of -6.5%, mainly affected by an unfavorable delivery mix, higher costs related to future capacity adjustments, and increased supply chain costs. In the third quarter, Boeing Company delivered a total of 161 commercial aircraft, one more than in the same period last year.