Boeing sees wider-than-expected Q4 loss; shares slip in afterhours trading
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Price: $216.71 -1.87%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.4%
Revenue Growth %: +5.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.4%
Revenue Growth %: +5.2%
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Investing.com -- Boeing fell in afterhours trading Thursday after airplane maker said it expected to report fourth-quarter loss that was wider than analyst estimates as the impact of striking workers and production issues weigh.
Boeing Co (NYSE: BA) was 1% in recent afterhours trading following the release of its preliminary Q4 results.
Boeing said it expects to report a loss of $5.46 per share for the fourth quarter on revenue of $15.2B, compared with analyst estimates for a loss of $1.55 per share on revenue of $16.56B.
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