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 forecasts bigger-than-expected quarterly loss on defense troubles, strike hit
The company forecast a quarterly loss per share of $5.46, compared with analysts' average expectation of a loss per share of $1.84. Boeing shares fell 2.5% in aftermarket trading as the company projected quarterly revenue of $15.
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 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 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.
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