Mired in crisis, Boeing reports another loss [Yahoo! Finance]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance
Boeing said it tempered production in the 737 program following a January near-catastrophic incident on an Alaska Airlines jet that has sparked heavy scrutiny from Washington and among Boeing's airline customers. The first-quarter loss, which was somewhat smaller than analysts expected, compared with a loss of $414 million in the year-ago period. Revenues fell 7.5 percent to $16.6 billion. Despite the loss, shares rallied after the company's CEO confirmed Boeing would meet key financial targets by the end of 2026. Boeing's commercial airplane business suffered an operating loss as the company pointed to unspecified "customer considerations" following a temporary grounding of the 737 MAX 9. Boeing's defense space and security division reported operating profitability in spite of losses on "certain fixed-price development programs," the company said in its press release. "Our first quarter results reflect the immediate actions we've taken to slow down 737 production to drive
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News
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- Boeing threatens to lock out its private firefighters around Seattle in a dispute over pay [Yahoo! Finance]Yahoo! Finance
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BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 5/3/24 - Form 8-K
- 5/1/24 - Form PX14A6G
- 4/24/24 - Form PX14A6G
- BA's page on the SEC website