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 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 cash flow loss to the quarter, citing the effects of a work stoppage, workforce reductions,
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 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 of Q4 loss almost three times bigger than expected
Boeing warned of a significantly larger-than-expected fourth-quarter loss overnight on Friday, of around $4bn - nearly three times the size forecasted by analysts.
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),
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 ...
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 ...
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 ...
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Markets React: Boeing's Warning, Verizon's Upsurge Amid Trade War Concerns
Wall Street's main indexes are anticipated to open lower, stirred by economic uncertainties and Boeing's forecasted Q4 loss.
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 ...
Spirit AeroSystems gets reprieve on $605 million in payments back to Boeing
Spirit AeroSystems and Boeing have agreed to push out until 2026 more than half a billion dollars in payments Spirit owes the ...