Boeing Posts Major EPS Shortfall in Q4

Aerospace and defense giant Boeing (NYSE:BA) reported disappointing fourth-quarter and full-year results for 2024 on Tuesday, Jan. 28. The company recorded a challenging quarter, falling short of expectations due to external disruptions and strategic hurdles. Boeing reported a core earnings loss of $5.90 per share, notably below the forecasted $3.22 per share loss. Revenue for the quarter reached $15.2 billion, failing to meet the $15.6 billion consensus forecast. Despite these challenges, efforts towards operational stabilization and quality enhancement are key focal points for the company moving forward.Source: Boeing. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. NM = Not meaningful.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool