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Boeing Faces $3B Loss in Q4
Boeing Stock Slips as Plane Maker Forecasts Wider-Than-Expected Q4 Loss
KEY TAKEAWAYS Boeing shares are falling in premarket trading after the plane maker projected a much wider-than-expected fourth-quarter loss.The plane maker attributed the large loss to the nearly two-month strike that crippled production as well as charges around its defense segment and staff cuts.
Boeing expects $4B loss in Q4 2024 due to strike and defense charges
Boeing expects a $4 billion loss in the fourth quarter of 2024 due to a seven-week labor strike by US Coast factory workers and charges in the defense segment.
Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop
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, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.
2h
Boeing Braces for $4 Billion Loss in Q4 2024 Amidst Strikes and Scrutiny
Boeing's operations ware not optimum in the quarter with seven-week labor strike, leading to pre-tax earnings charges of $1.1 ...
6h
Boeing Reports On Q4 Impacted By Strike: Affirms First 777X Delivery In 2026
In Q3 2024, Boeing booked pre-tax charges of $3 billion on the 777X and 767F programs, split between $2.6 billion and $400 ...
20h
Boeing reports preliminary Q4 GAAP EPS ($5.46), consensus ($1.66)
Reports preliminary Q4 revenue $15.2B, consensus $16.31B. The Boeing (BA) Company announced it will recognize impacts to its financial results ...
5h
Boeing Shares Drop Pre-Market As Labor Strikes Expected To Wipe $3.5B From Airplane Maker's Q4 Cash Flow
Troubled American planemaker Boeing Co is down 1.7% in premarket trading on Friday after the company said that it expects to ...
2h
Boeing Projects $4 Billion Loss For Q4 2024
Aircraft manufacturer Boeing Co. (BA) is projecting a $4 billion U.S. loss for the fourth quarter of last year. The company ...
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3h
Markets React: Boeing's Warning, Verizon's Upsurge Amid Trade War Concerns
Wall Street's main indexes are anticipated to open lower, stirred by economic uncertainties and Boeing's forecasted Q4 loss.
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