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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
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 posts significant losses as strikes and production challenges hit
Boeing posted a fourth-quarter loss of $3.8 billion (around €3.4bn) on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. View on euronews
2d
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 ...
2d
on MSN
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 ...
2d
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 ...
2h
US economy grows solid 2.3% in October-December on eve of Trump return to White House
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded ...
11h
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 ...
15h
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods ...
1d
NVIDIA Corp., Boeing share losses contribute to Dow's 150-point fall
Shares of NVIDIA Corp. and Boeing are trading lower Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory.
16h
on MSN
GDP Growth Closes Out 2024 at 2.3%, Slowing More Than Expected
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
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