Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop
By Dan Catchpole, Allison Lampert and David Shepardson SEATTLE (Reuters) -Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis,
Boeing Warns of $4 Billion Loss to Close a Difficult Year
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
Boeing warns investors to brace for steeper quarterly losses, lower revenue
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
Boeing To Report Loss In Q4
Thursday said it would report a loss for the fourth quarter, hurt largely by the IAM work stoppage and agreement,
Boeing Warns Q4 Loss Bigger Than Expected On Costs From Labor Strike
Boeing announced Thursday that it incurred a bigger than expected fourth-quarter loss, concluding a difficult 2024 in which it struggled with a lengthy labor strike and safety problems.
Boeing reports steeper quarterly losses, lower revenue
Boeing’s preliminary quarterly results show steeper losses and lower revenue for the aerospace and defense company’s fourth quarter.
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expects results and charges across its business in preliminary fourth-quarter results. Boeing hasn't posted an annual profit since 2018. The company expects to take a $1.1 billion on its 777X and 767 programs because of the strike and labor agreement.
Boeing sees wider-than-expected Q4 loss; shares slip in afterhours trading
Boeing fell in afterhours trading Thursday after airplane maker said it expected to report fourth-quarter loss that was wider than analyst estimates as the impact of striking workers and production issues weigh.
Nasdaq23d
Boeing’s Nightmare 2024 Is Over, But Will 2025 be Any Better?
As we look to 2025, can Boeing turn things around and hope for a better year? Don't Miss Our New Year's Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one ...
Boeing needs to start designing a new plane soon to help turn things around, former CEO says
Phil Condit, Boeing's CEO from 1996 to 2003, told The Wall Street Journal that the company should start designing a new plane ...
Donald Trump Back on Air Force One for First Time Since Leaving Office
President-elect Donald Trump boarded Air Force One on Saturday to return to Washington, D.C., for his second inauguration.
3 Defense Stocks Gaining From Budget and Interest Rate Pressures
The issue is not the $36 trillion in debt but the amount of interest generated from this debt level, which has now mounted to a high of $1.1 trillion. The issue with this interest expense is that it ...
Seeking Alpha24d
Wall Street Breakfast Podcast: South Korea Orders Boeing 737-800 Inspections After Fatal Crash
We begin with an update on a story we brought you Sunday here on Wall Street Lunch with Kim Khan. Boeing is down 4.5% in premarket action following a plane crash in South Korea that killed 179 ...
GE Aerospace optimistic about 2025, stock jumps
The company's shares rose 6.5% in trading before the bell after GE Aerospace also announced plans to increase its share buybacks to $7 billion in 2025 and dividend by 30%. Production challenges at ...
Jefferies Reaffirms Their Buy Rating on Boeing (BA)
In a report released today, Chloe Lemaire from Jefferies maintained a Buy rating on Boeing (BA – Research Report), with a price target of ...