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Boeing forecasts big loss on defense troubles, strike
Boeing forecasts big loss on defense troubles, strike; shares drop 2.6%
The company forecast a quarterly loss of $5.46 per share, sharply steeper than analysts' average expectation of a $1.84 per share loss. Boeing shares fell 2.6% in after-hours trading as the company projected quarterly revenue of $15.
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 sees $3.5B cash flow loss 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,
8h
on MSN
Union investigates claims that Boeing is sending work to non-union locations
SEATTLE - Boeing's engineering union is formally investigating claims from its members that the company is moving work to non ...
20h
Which Airlines Still Fly The Boeing 747 On Its 55th Flight Anniversary?
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including ...
2h
on MSN
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.
2h
Boeing books charges and warns on fourth-quarter revenue and profit
Boeing has said it expects a fourth-quarter loss and is taking $2.8bn in charges stemming from a six-week-long strike, higher costs in its defence business and cuts to its workforce. The plane maker ...
2h
on MSN
Boeing Warns of Deep Loss to Close a Difficult Year
The machinist strike and Pentagon projects sap manufacturer’s cash flow.
4d
Boeing Under Pressure: Activists And Warren Buffett Circle
Boeing faces pressure from activist investors and Warren Buffett's interest, signaling potential major changes in the ...
1d
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 ...
1d
Trump transportation nominee will keep Boeing 737 MAX production cap in place
President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of ...
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