Boeing reported its Q4 2023 earnings, revealing a narrower loss than expected and a revenue beat, but suspended its forecast for 2024. The aerospace giant posted an adjusted loss per share of $0.47, which was better than the Wall Street estimate of a $0.78 loss. Revenue came in at $22.02 billion, surpassing the expected $21.1 billion. The company's operating cash flow was $3.38 billion, and the operating free cash flow reached $2.95 billion. Revenue from Commercial Airplanes was $10.48 billion, Defense, Space & Security brought in $6.75 billion, and Global Services reported $4.85 billion. Despite the positive financial performance, Boeing has decided not to provide financial and operational objectives for the coming year at this time, emphasizing a full focus on taking comprehensive actions.
$BA The Boeing Company earnings Revenue of $22.02B (+10.20% YoY) beats by $2.56B. EPS of -$0.47 beats by $0.25.
$BA SUSPENDS FORECAST FOR 2024
$BA Q4 Earnings EPS: -$0.47 v -$0.72e Revenue: $22.0B v $21.2Be
$BA results (stock bounced 2% from local lows): -Boeing suspends forecast for 2024, 2 ex-Boeing staffers said they won't fly in the Max citing pressure to get planes out -4Q Rev $22.02B, est $21.06B -4Q FCF $2.95B vs est $2.09B -4Q loss per share 47c https://t.co/vmUvbmez5E
Boeing $BA reported better-than-expected Q4 results but did not issue any guidance for FY24 as it focuses on delivering quality airplanes. Losses narrowed to $0.47 per share from a loss of $1.75 per share last year. #boeing #stocks #stockmarket https://t.co/ZM1Tx6ZyRZ
$BA (+1.3% pre) Boeing earnings: Planemaker beats on Q4 results, but suspends guidance on 737 MAX fallout - Y Finance https://t.co/53lk9e1d22
⚠️BREAKING: *BOEING 4Q EPS -$0.47, EST. -$0.81 *BOEING 4Q REVENUE $22.0B, EST. $21.2B *BOEING SUSPENDS FORECAST FOR 2024 https://t.co/U9qACmls29 👈 $BA https://t.co/ZGcfCiL3S2
$BA BOEING Q4 2023 EARNINGS CORE LOSS/SHR 47C VS EST. CORE LOSS/SHR 76C REV. $22.02B, EST. $21.06B OPERATING CASH FLOW $3.38B, EST. $2.49B SUSPENDS FORECAST FOR 2024
$BA Boeing's quarterly loss narrows but 737 Max 9 crisis looms over future results Boeing's quarterly loss narrows but 737 Max 9 crisis looms over future results Adj loss per share: .47 vs. 78 expected Revenue: $22.02 billion vs. $21.1 billion expected https://t.co/ue7c5kgrIJ
$BA | Boeing Q4 Earnings: - Adj EPS Loss $0.47 (Est/Loss $0.78) - Sales $22.02B (Est. $21.10B) - Says While We Often Use This Time Of Year To Share Or Update Financial & Operational Objectives, Now Is Not The Time For That - Says Full Focus Is On Taking Comprehensive Actions…
$BA | Boeing Q4 23 Earnings: - Suspends Forecast For 2024 - Revenue: $22.02B (exp $21.07B) - Adj EPS: Loss $0.47 (exp Loss $ 0.76) - Operating Free Cash Flow: $2.95B (exp $2.09B)
$BA BOEING Q4 2023 EARNINGS CORE LOSS/SHR 47C VS EST. CORE LOSS/SHR 76C REV. $22.02B, EST. $21.06B
$BA RESULTS: Q4 ❖ Revenue $22.02B, EST $21.06B ❖ Commercial Airplanes revenue $10.48B, EST $10.04B ❖ Defense, Space & Security revenue $6.75B, EST $6.17B ❖ Global Services revenue $4.85B, EST $4.84B ❖ ADJ free cash flow $2.95B, EST $2.09B ❖ Operating cash flow $3.38B,…
*BOEING SUSPENDS FORECAST FOR 2024
Boeing $BA reports earnings tomorrow morning before the markets open, Wall ST is expecting numbers of EPS of -$0.79 up from -$1.75 in Q4 2022 Revenue of $21.1B up 5.6% YoY