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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 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 Projects $4 Billion Loss For Q4 2024
Aircraft manufacturer Boeing Co. (BA) is projecting a $4 billion U.S. loss for the fourth quarter of last year. The company said the loss is the result of a labour strike that occurred last autumn, along with numerous safety and manufacturing problems
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
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 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,
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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 ...
21h
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 ...
13h
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 ...
2h
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 ...
22h
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 ...
devdiscourse
5h
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.
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