Jim Cramer: What Southwest Airlines Earnings Could Mean for Boeing Stock

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Jim Cramer took a look at the latest round of earnings from the airlines and what strong results could mean for Action Alerts PLUS holding Boeing  (BA) - Get Report

Earnings Recap

Southwest Airlines

Southwest  (LUV) - Get Report reported earnings reported adjusted earnings per share of 57 cents on operating revenue of $4.0 billion. 

American Airlines

American  (AAL) - Get Report reported an adjusted loss of $1.69 per share on revenue of $7.48 billion. The airliner did not follow United Airlines UAL in predicting a return to profit later this year.

In the video above, Cramer breaks down what both reports mean for Boeing. 

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