Boeing posts $3.8 billion Q4 loss and has lost more than $35 billion since fatal crashes in 2019
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
Boeing posts $3.8 billion Q4 loss and over $35 billion since 2019
WASHINGTON, D.C.: Boeing has reported another grim financial quarter, posting a US$3.8 billion loss for Q4 2024. The struggling aerospace giant has now accumulated more than $35 billion in losses since 2019, when two fatal crashes involving its 737 Max jets killed 346 people.
Boeing reports a big loss, as it said it would, and the stock is surging
On a core basis, which excludes some nonrecurring items and which Boeing didn't provide guidance on, the per-share loss widened to $5.90 from 47 cents, compared with a FactSet per-share-loss ...
Boeing: Q4 Earnings Snapshot
ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — Boeing Co. (BA) on Tuesday reported a loss of $3.87 billion in its fourth quarter. The Arlington, Virginia-based company said it had a loss of $5.46 per share. Losses, adjusted for non-recurring gains, were $5.90 per share. The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $3.22 per share. The airplane builder posted revenue of $15.24 billion in the period. Boeing shares have dropped 1% since the beginning of the year, while the S&P's 500 index has risen 26%. The stock has fallen 13% in the last 12 months.
Boeing Confirms Its Bad Earnings. Why the Stock Is Higher.
Boeing reported its full fourth-quarter results Tuesday morning. Even though the company took a lot of drama out of the release with a preannouncement on Jan. 23, there is still a lot that investors wanted to know.
Why Boeing Stock Is Soaring Today
Boeing reported earnings Tuesday morning and despite a nearly $12 billion loss for 2024, shares were up. There's reason to hope. The embattled plane maker released its Q4 and fisc
Boeing Is One Of The 21st Century’s Most Unprofitable Companies
But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair ...
Boeing CEO’s optimistic outlook gives stock a boost despite company’s latest dismal earnings report
Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about ...
Chevron, NVIDIA Corp. share losses lead Dow's nearly 375-point drop
Behind declines for shares of Chevron and NVIDIA Corp., the Dow Jones Industrial Average is down Friday afternoon. Shares of Chevron and NVIDIA Corp. are contributing to the blue-chip gauge's intraday ...
Antelope Valley Press19h
United States economy grows solid 2.3%
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in ...
Nvidia Stock Edges Up. It’s Still Had a Terrible, Horrible, No Good, Very Bad Week.
Nvidia was rising early Friday as politicians and Big Tech firms comment on the effects of Chinese firm DeepSeek’s apparently low-cost AI.
Chattanooga Times Free Press1d
U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in 2024
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration.
thedailyupside1d
American Consumer Remains Resilient as Economic Growth Moderates
If economists are professionals who are paid to make incorrect guesses, as the old joke goes, then they’re certainly earning ...
Southwest Airlines' Profit Tops Estimate
Prominent U.S. airline Southwest Airlines (NYSE:LUV) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a ...