Boeing (BA) Reports Q4 Loss Per Share of $15.25 Due to $6.5 Billion Pre-Tax Charge
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Boeing Reports Fourth-Quarter Results
January 27, 2021 7:30 AM ESTCHICAGO, Jan. 27, 2021 /PRNewswire/ --
Fourth Quarter 2020
Financial results significantly impacted by COVID-19, 737 MAX grounding, and commercial widebody programs 777X program recorded $6.5 billion pre-tax charge; first delivery expected in late 2023 737 MAX began receiving regulatory approval to resume operations and restarted deliveries Revenue of $15.3 billion, GAAP loss per share of ($14.65) and core (non-GAAP)* loss per share of ($15.25)Full-Year 2020
Revenue of $58.2 billion, GAAP loss per share of ($20.88) and core (non-GAAP)* loss per share of ($23.25) Operating cash flow of ($18.4) billion; cash and marketable... More