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Boeing Posts Wider Loss Than Expected as It Awaits Union Vote on Ending Strike
BoeingBoeing(US:BA) Investopedia·2024-10-23 23:26

Boeing (BA) reported third-quarter results below analysts' estimates Wednesday as the company awaits the result of a machinists union vote on its latest contract proposal, which could end a five-week strike that halted production and led the company to cut costs. The troubled plane manufacturer posted a net loss of 6.17billion,or6.17 billion, or 9.97 per share, larger than the consensus loss of 5.49billion,or5.49 billion, or 8.89 per share, projected by analysts polled by Visible Alpha. Boeing generated $17.84 billion in revenue, ...