Boeing on Thursday released preliminary results showing it expects to post a loss of $4 billion for the fourth quarter and revenue of $15.2 billion, below analysts' expectations.

Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday, contributing to the $35 billion loss since the crashes of two then-new Max jets that killed 346 people.

Boeing has crashed to the second biggest annual loss in its 109-year history as the plane maker grapples with the fallout of a major safety scandal.

Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.

Boeing's six-year sequence of financial strife continued in 2024 with an $11.8 billion loss, bringing the airframer's total losses since 2019 and the grounding of the 737 Max to $36 billion.

Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.

U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued

Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.

Boeing reported a 31% revenue decline in Q4 2024, with adjusted loss per share of $5.90. Commercial airplane revenue fell 55% and backlog totaled $435B.

Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss to the quarter, citing the effects of a work stoppage, workforce reductions,

Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.

Barclays analyst David E. Strauss has maintained their bullish stance on BA stock, giving a Buy rating today.Invest with Confidence: Follow