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. As a result, the Chicago-based aerospace giant said Thursday that it will report a loss of $5.
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 reports steep Q4 loss, still tracking for first 777-9 delivery in 2026
The company on 23 January disclosed preliminary 2024 financial results, saying its fourth-quarter loss reflects charges of nearly $3 billion against its commercial and defence aircraft programmes.
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 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 strike headlines $4.4 billion Q4 loss
TheStreet’s Conway Mittens brings you the biggest news of the day, including what investors are watching and just ow bad Boeing’s fourth quarter real was.
Loss widens and revenue falls in fourth quarter for Boeing
Its loss will widen and revenues weaken in the fourth quarter, Chicago-based US aerospace and defence giant Boeing predicted on Friday. The results are mainly impacted by the work stoppage and agreement with the International Association of Machinists and Aerospace Workers (IAM),
Defense and aerospace Q4 preview: Boeing, RTX, Lockheed results on deck
Raytheon (NYSE:RTX) and Lockheed Martin (NYSE:LMT) are scheduled to announce their Q4 earnings results on Tuesday, January ...
2BA : Boeing's Q4 Looks Rough, But Wall Street Sees 20% Liftoff Ahead
Boeing (BA) is set to report Q4 earnings on Tuesday. Q4 pre-announced print looks rough but stock has bullish signals, ...
Boeing Stock Slips as Plane Maker Forecasts Wider-Than-Expected Q4 Loss
Boeing shares are falling in premarket trading after the plane maker projected a far wider-than-expected fourth-quarter loss ...
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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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 ...
Boeing Stock Falls On Preliminary Q4 Results: The Details
Boeing shares are losing altitude in Thursday's after-hours session after the company reported preliminary fourth-quarter ...
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 ...
What Analysts Think of Boeing Stock Ahead of Earnings
Boeing is set to report fourth-quarter results before the market opens Tuesday, with analysts expecting the plane maker to ...