Boeing Co. (NYSE:BA) Faces Financial Challenges De…

From Financial Modeling Prep: 2024-10-23 09:00:04

Boeing Co. (NYSE:BA) reported an EPS of -$10.44 for Q3 2024, slightly missing estimates but exceeding revenue expectations with $17.84 billion. Operating losses surged to $5.76 billion due to a machinists’ strike and quality control issues. Despite a 36% stock price decline, Boeing’s leadership is focused on culture change and business stabilization.



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