NEW YORK (TheStreet) -- Boeing Co. (BA) - Get Report shares are rising by 2.05% to $126.53 on Tuesday morning, ahead of the company's fourth quarter fiscal 2015 financial results, which are expected to come out before the opening bell on Wednesday.
Wall Street is anticipating that the company will earn $1.48 a share on revenue of $23.55 billion for the most recent quarter.
During the same period the year prior, the company earned $2.31 a share on revenue of $24.47 billion.
Last week, Boeing announced that it will slash production of its iconic 747-8 jetliner to just 6 a year beginning in September to offset a slowing air cargo market.
Additionally, investors will be paying close attention to see how much the volatility in China will have an impact on the company's air traffic demand, according to the Wall Street Journal.
Based in Chicago, Boeing designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
Separately, TheStreet Ratings currently has a Buy rating on the stock with a letter grade of B+.
The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, growth in earnings per share and increase in net income.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: BA