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 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 Strike, Defense Charges Hammer Fourth-Quarter Results
Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for Chief Executive Officer Kelly Ortberg as he tries to stabilize the US aircraft manufacturer.
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 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 forecasts big loss on defense troubles, strike; shares drop 2.6%
Boeing's loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, citing charges at its defense unit, lower jetliner deliveries and losses from a crippling strike.
Boeing Sees Wider-Than-Expected Fourth-Quarter Loss Amid Workers Strike Impact
Boeing (BA) shares fell early Friday as the plane maker reported a preliminary fourth-quarter loss larger than Wall Street's estimates due in part to the strike by the International Association of Machinists and Aerospace Workers union last year,
Boeing strike, defense charges hammers fourth-quarter results
Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for the US aircraft ...
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 ...
Boeing: Commercial Airplanes results to reflect impacts associated with IAM stop
Commercial Airplanes results will reflect impacts associated with the IAM work stoppage and agreement including lower deliveries and pre-tax ...
Losses piled up for Boeing in 2024
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing ...
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Boeing's Q4 Commercial & Defense Deliveries Decline Y/Y
BA records a year-over-year decrease of 63.7% and 33.3% in commercial and defense shipments, respectively, in the fourth ...
Boeing sees big commercial jet delivery decline in 2024, with notable Spirit AeroSystems impacts
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Boeing (BA) Receives a Rating Update from a Top Analyst
TD Cowen analyst Gautam Khanna maintained a Buy rating on Boeing (BA – Research Report) today and set a price target of $200.00. The company’s ...
Boeing's SWOT analysis: aerospace giant's stock navigates turbulence
Boeing (NYSE:BA), a cornerstone of the global aerospace and defense industry with a market capitalization of $131.8 billion, ...
Boeing sees big commercial jet delivery decline in 2024
Boeing commercial jet deliveries dropped last year by more than a third compared to 2023, as the aerospace giant wrestled ...