Boeing (BA) Sees Negative EPS In 1Q, Results To Improve Through '23 - Bloomberg, Citing Call
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Boeing falls on surprise 4Q loss; posts first annual cash inflow since 2018
January 25, 2023 8:32 AM ESTBy Geoffrey Smith
Investing.com -- Boeing (NYSE: BA) lost money again in the final quarter of last year, as its key commercial airplane division suffered from delays to the production of its 777-9 widebody aircraft announced earlier in the year.
The company blamed "abnormal costs and period expenses, including research and... More
Boeing reports loss, but first positive free cash flow since 2018
January 25, 2023 7:32 AM ESTBy Valerie Insinna and David Shepardson
WASHINGTON (Reuters) -Boeing Co losses widened for 2022 on weakness in its defense unit as it warned of further supply chain issues, but the U.S. planemaker reported its first yearly positive cash flow since 2018.
The U.S. planemaker missed Wall Street expectations on revenue and earnings per share in the final quarter of the year. Boeing shares, which have risen by more than 70% since September, fell 1% Wednesday.
Boeing Chief Executive Dave Calhoun told analysts the planemaker still faces "a difficult, difficult supply chain and while average deliveries met our... More
Boeing (BA) Misses Q4 EPS by $2.02, Reaffirms Free Cash Flow Guidance
January 25, 2023 7:32 AM ESTBoeing (NYSE: BA) reported Q4 EPS of ($1.75), $2.02 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $19.98 billion versus the consensus estimate of $20.37 billion.
Outlook for 2023
Reaffirming guidance: $4.5-$6.5 billion of operating cash flow and $3.0-$5.0 billion... More
