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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 Sees Wider Loss, Weak Revenues In Q4; Shares Hit
Aerospace and defense major Boeing Co. said it projects a sharply wider loss and weak revenues in its fourth quarter, mainly impacted
Boeing Took Nearly $3 Billion Hit in Q4 Related to Strike, Layoffs and Troubled Government Programs
Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs
Boeing expects $4 billion loss for 4th quarter
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.
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 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.
AeroTime
13h
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 ...
11h
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 ...
8h
Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating ...
6h
Spirit AeroSystems gets reprieve on $605 million in payments back to Boeing
Spirit AeroSystems and Boeing have agreed to push out until 2026 more than half a billion dollars in payments Spirit owes the ...
1d
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
'Most of the bad news is behind Boeing' after Q4 losses
Boeing (BA) told investors in a preliminary earnings report that it will report fourth quarter revenue of $15.2 billion, ...
11h
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 ...
2d
Q4 Preview: Boeing's Potential Path To $500 (Rating Upgrade)
Boeing's sales are projected to reach $100-$110 billion by 2026, with potential EPS growth to $15 by 2028. Read why I upgrade ...
devdiscourse
8h
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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