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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.
8m
Boeing warns of more financial charges due to strikes, costlier parts, and Starliner
Boeing is warning of another hit to its bottom line, at least partly at the hands of the company's Calamity Capsule, the ...
15h
on MSN
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, ...
1h
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 ...
3h
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 ...
2h
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 ...
17h
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 ...
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