In the same period a year ago, the company posted earnings of $3.64 a share on sales of $23.4 billion.
The stock has fallen 3.2% since the company last reported earnings on Jan. It's been hurt in part by weakness following the second fatal crash of its 737 Max model in March.
Quarterly estimates have fallen sharply in the past month. Boeing is currently trading at a price-to-forward-earnings ratio of 20.3 based on the 12-month estimates of 19 analysts surveyed by FactSet.
Jim Cramer and the AAP team are watching the aerospace & defense sector. To find out more about what stocks they like in the industry click here now to get more from Action Alerts PLUS.
Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.