Boeing posts $3.8 billion Q4 loss and has lost more than $35 billion since fatal crashes in 2019
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
Boeing posts $3.8 billion Q4 loss and over $35 billion since 2019
Boeing has reported another grim financial quarter, posting a US$3.8 billion loss for Q4 2024. The struggling aerospace giant has now accumulated more than $35 billion in losses since 2019, when two fatal crashes involving its 737 Max jets killed 346 people.
Boeing Posts Major EPS Shortfall in Q4
Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.
Boeing suffers $3.8 billion Q4 loss and $11 billion for the year
The company continues to grapple with a series of challenges, including a machinists strike that halted production for seven weeks, manufacturing quality issues, and costly setbacks in government contracts. For the full year, Boeing recorded an $11.8 billion loss, marking another year of turmoil for the Arlington, Virginia-based company.
Boeing posts $11.8-billion annual loss after troubling year
U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued
Boeing posts $3.8bn loss in fourth quarter
Boeing posted a fourth-quarter loss of 3.8 billion US dollars (£3.05 billion) on Tuesday as a machinists’ strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than 35 billion dollars (£28 billion) since 2019 following the crashes of two then-new Max jets that killed 346 people.
Boeing reports $11.8-billion annual loss after crisis-ridden year
Boeing reported an annual loss of $11.83 billion on Tuesday (Jan.28) - its largest since 2020. The planemaker has grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.
Boeing reports the biggest annual loss since 2020
Also, today 24 wild hours on the financial markets for companies in the AI world - but did we learn something new or actually reveal a truth about the sector that was always there? We look at the mining industry in the Democratic Republic of Congo during the growing conflict.
Boeing Q4 Loss Sharply Widens, Misses Estimates
Boeing Co. (BA) reported on Wednesday a fourth-quarter net loss attributable to shareholders of $3.92 billion or $5.46 per share,
Boeing reports $11.8 billion loss, largest since 2020
The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus.
Boeing Is One Of The 21st Century’s Most Unprofitable Companies
But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair ...
Boeing Confirms Its Bad Earnings. Why the Stock Is Higher.
Boeing reported its full fourth-quarter results Tuesday morning. Boeing generated fourth-quarter sales of $15.2 billion, ...
Boeing CEO’s optimistic outlook gives stock a boost despite company’s latest dismal earnings report
Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about ...
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 ...
Morningstar6d
Why Boeing's stock isn't falling, even after an 'eye-watering' loss warning
Overall, Wall Street remains mostly bullish on Boeing's stock. Of the 33 analysts surveyed by FactSet, 18 are bullish (55%), 13 are neutral and only two are bearish. The stock has rallied 15.3% ...