Boeing Faces $3B Loss in Q4

'Most of the bad news is behind Boeing' after Q4 losses
Boeing (BA) told investors in a preliminary earnings report that it will report fourth quarter revenue of $15.2 billion, falling below estimates of $16.6 billion, due to the impact of labor strikes and layoffs.
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 Braces for $4 Billion Loss in Q4 2024 Amidst Strikes and Scrutiny
Boeing's operations ware not optimum in the quarter with seven-week labor strike, leading to pre-tax earnings charges of $1.1 billion on the 777x and 767 programs. Until today Boeing is still under scrutiny for planecrash involving its 737-800 type.
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 of $4 Billion Loss to Close a Difficult Year
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expects results and charges across its business in preliminary fourth-quarter results. Boeing hasn't posted an annual profit since 2018. The company expects to take a $1.1 billion on its 777X and 767 programs because of the strike and labor agreement.
Boeing took nearly $3B hit in Q4 related to strike
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.
Troubled Boeing reports multi billion dollar loss at end of 2024
The US aircraft manufacturer closed last year with a steep loss and weak sales, according to preliminary figures released by the company. View on euronews
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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.