Boeing (BA) closed the most recent trading day at $221.78, moving -0.8% from the previous trading session. This move lagged the S&P 500's daily gain of 0.3%.Prior to today's trading, shares of the airplane builder had gained 5.67% over the past month. This has outpaced the Aerospace sector's gain of 1.13% and the S&P 500's loss of 2.37% in that time.Investors will be hoping for strength from BA as it approaches its next earnings release, which is expected to be October 27, 2021. In that report, analysts expect BA to post earnings of $0.27 per share. This would mark year-over-year growth of 119.42%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $18.52 billion, up 31.01% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.21 per share and revenue of $74.43 billion. These totals would mark changes of +99.1% and +27.99%, respectively, from last year.Investors might also notice recent changes to analyst estimates for BA. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. BA currently has a Zacks Rank of #3 (Hold).The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 85, which puts it in the top 34% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research