New Boeing CEO sets sights on 'leaner' future as quarterly loss

Oct 23, 2024 · Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.

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New Boeing CEO Sets Sights On 'leaner' Future As Quarterly Loss

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Oct 23, 2024 · Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.

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Boeing Q3 Earnings: Revenue And Profit Decline, Cultural …

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Oct 23, 2024 · Boeing Co (NYSE:BA) reported a 1% year-over-year revenue decline to $17.854 billion in the third quarter of 2024, missing the consensus of $17.931 billion. Adjusted loss per …

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Boeing (BA) Q3 2024 Earnings Call Transcript - MSN

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Oct 23, 2024 · Boeing (NYSE: BA). Q3 2024 Earnings Call. Oct 23, 2024, 10:30 a.m. ET. Read More: Earn up to $845 cash back this year just by changing how you pay at Costco! Learn …

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Boeing CEO Says The Company Must Fundamentally Change As …

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Oct 23, 2024 · Boeing’s long-term debt climbed to $53 billion by the end of September, up from $47 billion at the start of this year and far above the $10.7 billion it had on its books at the end …

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Boeing Reports Third Quarter Results

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Oct 25, 2023 · Third Quarter 2023 Reaffirm guidance: $4.5-$6.5 billion of operating cash flow and $3.0-$5.0 billion of free cash flow (non-GAAP) Still expect to deliver 70-80 787 and now …

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Boeing Reports Third Quarter Results - Oct 23, 2024

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Oct 23, 2024 · The Boeing Company [NYSE: BA] recorded third quarter revenue of $17.8 billion, GAAP loss per share of ($9.97) and core loss per share (non-GAAP)* of ($10.44) (Table 1) …

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Boeing Reports Third Quarter Results

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(Dollars in Millions) 2024 2023 Change 2024 2023 Change Revenues $4,901 $4,812 2% $14,835 $14,278 4% Earnings from operations $834 $784 6% $2,620 $2,487 5% Operating margins …

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FAQs about New Boeing CEO sets sights on 'leaner' future as quarterly loss Coupon?

How did Boeing perform in the third quarter of 2024?

Boeing Co(NYSE:BA) reported a 1% year-over-year revenue decline to $17.854 billion in the third quarter of 2024, missing the consensus of $17.931 billion. Adjusted loss per share expanded to $10.44 from $3.62 in the same quarter of 2023, missing the consensus of $10.34. ...

What time is the Boeing Company's Q3 2024 earnings conference call?

The Boeing Company. (NYSE: BA) Q3 2024 Earnings Conference Call October 23, 2024 10:30 AM ET Company Participants Conference Call Participants Operator Thank you for standing by. Good day, everyone, and welcome to the Boeing Company's Third Quarter 2024 Earnings Conference Call. Today's call is being recorded. ...

How did the Boeing Company perform in third quarter?

The Boeing Company [NYSE: BA] recorded third quarter revenue of $17.8 billion, GAAP loss per share of ($9.97) and core loss per share (non-GAAP)* of ($10.44) (Table 1) primarily reflecting impacts of the IAM work stoppage and previously announced charges on commercial and defense programs. ...

What impacted Boeing's third quarter results?

Third quarter results were impacted by unfavorable defense performance and lower 737 deliveries. Boeing reported operating cash flow of $0.0 billion and free cash flow of ($0.3) billion (non-GAAP). ...

Why did Boeing lose $6 billion in 3rd quarter?

Boeing reported a more than $6 billion loss for the third quarter, its largest since 2020 when the pandemic halted most aircraft demand and its bestselling airplane was grounded after two crashes. CFO Brian West said the company will likely continue to burn cash this and next year, pointing to a likely improvement in the second half of 2025. ...

How much money does Boeing have in a quarter?

Cash and investments in marketable securities totaled $13.4 billion, compared to $13.8 billion at the beginning of the quarter (Table 3). The company has access to credit facilities of $10.0 billion, which remain undrawn. Total company backlog at quarter end was $469 billion. Segment Results Commercial Airplanes Table 4. Commercial Airplanes ...