Stock Market

Boeing sees wider-than-expected Q4 loss; shares slip in afterhours trading

Investing | Fri, Jan 24 2025 09:55 AM AEDT

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Image Source: Sivastatz

Investing.com -- Boeing fell in afterhours trading Thursday after airplane maker said it expected to report fourth-quarter loss that was wider than analyst estimates as the impact of striking workers and production issues weigh.

Boeing Co (NYSE:BA) was 1% in recent afterhours trading following the release of its preliminary Q4 results.

Boeing said it expects to report a loss of $5.46 per share for the fourth quarter on revenue of $15.2B, compared with analyst estimates for a loss of $1.55 per share on revenue of $16.56B.

This article first appeared in Investing.com

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