Shares of Boeing Co. /zigman2/quotes/208579720/composite BA -0.51% rose 0.6% in premarket trading Wednesday, after the aerospace and defense giant swung to a narrower-than-expected third-quarter adjusted loss, while revenue fell more than forecast. The company reported a net loss of $466 million, or 79 cents a share, after net income of $1.17 billion, or $2.05 a share, in the year-ago period. Excluding non-recurring items, Boeing swung to a core loss per share of $1.39 from EPS of $1.45 a year ago, but beat the FactSet loss consensus for a per-share loss of $2.35. Revenue fell 29% to $14.14 billion, just below the FactSet consensus of $14.20 billion. Among Boeing business segments, commercial airplanes revenue dropped 56% to $3.60 billion, missing the FactSet consensus of $3.96 billion, as commercial airplanes deliveries fell 55% to 28. Defense, Space & Security revenue slipped 2% to $6.85 billion but beat expectations of $6.83 billion and global services revenue declined 21% to $3.69 billion but topped expectations of $3.64 billion. The company did not provide financial guidance. "The global pandemic continued to add pressure to our business this quarter, and we're aligning to this new reality by closely managing our liquidity and transforming our enterprise to be sharper, more resilient and more sustainable for the long term," said Chief Executive Dave Calhoun. The stock has tumbled 52.4% this year through Tuesday, enough to make it the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.13% worst year-to-date performer. In comparison, the Dow has slipped 3.8% in 2020.