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Boeing Posts Gloomy Q3 Earnings: Time to Hold or Let Go of the Stock?
BoeingBoeing(US:BA) ZACKS·2024-10-30 23:10

The Boeing Company (BA) disappointed its investors with its third-quarter 2024 results, wherein both its top and bottom-line figures deteriorated year over year. The company's earnings and revenues also came in short of their respective Zacks Consensus Estimate. A major factor that contributed to the latest dismal performance of this jet giant was the recent labor strike initiated by the International Association of Machinists and Aerospace Workers (IAM) at Boeing. The strike resulted in work stoppage and, ...