Boeing reports $6 billion quarterly loss amid a crippling strike

Oct 23, 2024  · Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were …


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Boeing Reports $6 Billion Quarterly Loss Amid A Crippling Strike

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Oct 23, 2024  · Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were …

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Boeing Reports $6 Billion Quarterly Loss Amid 6-week Factory …

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Oct 23, 2024  · Boeing reported that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research had …

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News Wrap: Boeing Reports $6 Billion Quarterly Loss Amid Strike

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Oct 23, 2024  · In our news wrap Wednesday, Boeing reported a $6 billion loss for the latest quarter as striking union workers vote on a new contract, American Airlines was fined $50 …

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Boeing Reveals $6 Billion Quarterly Loss Ahead Of Key ... - Morningstar

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Oct 23, 2024  · Excluding one-time items, Boeing had a loss of $10.44 a share, wider than the $10.40 FactSet consensus. Revenue fell 1% to $17.840 billion from $18.104 billion, but was …

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Boeing Awaits Strikers' Vote, Reports $6 Billion Quarterly Loss

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Oct 23, 2024  · Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were …

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Boeing Posts Big Loss As Striking Machinists Vote On A Contract : NPR

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Oct 23, 2024  · Boeing reported a staggering loss of $6 billion in the third quarter. The disappointing earnings report comes the same day as striking machinists are voting on a new …

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Boeing Reports $6 Billion Quarterly Loss As Striking Workers Vote ...

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Oct 23, 2024  · Boeing reported that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research had …

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Striking ...

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Oct 23, 2024  · Boeing Co.’s stock dropped more than 3% on Wednesday after the troubled aerospace giant’s third-quarter earnings were mixed, showing a wider-than-expected loss and …

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Boeing Reports US$6 Billion Quarterly Loss | CTV News

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Oct 23, 2024  · Boeing lost US$6.17 billion in the period ended Sept. 30, with an adjusted loss of US$10.44 per share. Analysts polled by Zacks Investment Research had expected a loss of …

ctvnews.ca

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Union

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Oct 23, 2024  · Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were …

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Boeing Reports $6 Billion Loss Ahead Of Pivotal Union Vote - The Hill

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Oct 23, 2024  · Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled …

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Union …

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Oct 23, 2024  · EVERETT, Wash. - Boeing reported a loss of more than $6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday …

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Boeing Reports $6 Billion Quarterly Loss As Union Contract Vote Gets ...

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Oct 23, 2024  · Boeing on Wednesday reported a quarterly loss of $6.17 billion, blaming the dim financial report partly on the ongoing factory worker strike in the Pacific Northwest. …

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Boeing Reports $6.1 Billion Third-quarter Loss As Strike Takes Toll On ...

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Oct 24, 2024  · What a new labor contract could mean for Boeing 02:04. Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged …

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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.

cnbc.com

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As Boeing Reports $6.2B Loss, New CEO Lays Out Vision And …

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Oct 23, 2024  · As Boeing on Wednesday announced a staggering quarterly loss of $6.2 billion and 33,000 Machinists gathered to vote on whether to end or extend their nearly 6-week-old …

seattletimes.com

FAQs about Boeing reports $6 billion quarterly loss amid a crippling strike Coupon?

How much did Boeing lose?

Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were calling for a loss of $10.34 per share. Revenue totaled $17.84 billion, matching Wall Street estimates. Shares were flat before the opening bell. ...

Why did Boeing lose $6 billion in the third quarter?

WASHINGTON — Boeing reported a staggering loss of $6 billion in the third quarter on Wednesday, as its striking machinists voted on whether to accept a new contract offer. That strike, now in its sixth week, has halted production at Boeing’s factories in the Pacific Northwest. But Boeing’s problems run deeper than that. ...

What happened to Boeing shares during the call?

Boeing shares slid during the call, and ended the day down less than 2%. Boeing had released preliminary third-quarter results earlier this month, showing revenue of $17.8 billion, down less than 2% from a year earlier, as well as a loss of $9.97 a share and an operating cash outflow of $1.3 billion. ...

How much money did Boeing lose during labor negotiations?

Boeing reports $6 billion losses as labor contract negotiations continue, with union members set to vote on a contract with a 35-percent pay increase. ...

Will Boeing's new contract end a five-week work stoppage?

Boeing’s more than 32,000 striking machinists will also vote on a new contract proposal on Wednesday that could end a more than five-week work stoppage. The manufacturer is bleeding cash and is preparing to raise billions in equity or debt after it lost more than $6 billion in the last quarter. ...

How much does Boeing's Strike cost?

A simple majority was needed for the contract to pass. The strike is costing the company about $1 billion a month, according to S&P Global Ratings, and it has put Boeing’s investment-grade credit rating at risk, which could drive up its borrowing costs just as it seeks to raise cash. ...

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