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.
Boeing reports $11.8-billion annual loss
Is an embattled Boeing performing above or below forecasts? It may be better to just go with your gut. The Virginia-based plane maker confirmed Tuesday that revenues shrank 31% in the fourth quarter of 2024 from a year earlier,
Shares of Boeing ( BA 2.00%) are moving higher Tuesday. The company's stock gained 4.1% as of 1:20 p.m. ET, but was up as much as 7.6% earlier in the day. The move upward comes as the S&P 500 and Nasdaq Composite gained 0.8% and 1.8%, respectively.
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.
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
Boeing (BA) is set to report Q4 earnings on Tuesday. Q4 pre-announced print looks rough but stock has bullish signals, analysts see 20% upside.
Wall Street's main stock indexes were set to open lower on Friday, with investors staying cautious ahead of economic data, while planemaker Boeing dropped after issuing a quarterly profit warning. At 8:42 a.
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.
Wall Street's major indexes experienced gains, driven by the recovery of AI-linked shares. Nvidia rebounded after a significant loss. Concerns over proposed U.S. tariffs lingered, with potential impacts on inflation and Federal Reserve rate cuts.
Wall Street's major indices showed uncertainty as investors analyzed new economic data. Boeing's shares dipped due to expected losses, while Verizon gained with subscriber growth. Concerns about potential tariffs further affected market sentiment as President Trump highlighted trade policies,
An S&P Global survey showed that business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported higher hiring, supporting the Federal Reserve's cautious approach to monetary policy this year.