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Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop

24 January 2025, 11:33 am

1 min read

FILE PHOTO: The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra/File Photo

Reuters was 14 seconds ahead of rivals when Boeing forecast a quarterly loss nearly triple the size expected by Wall Street. The warning of a $5.46 per share loss, which equated to about $4 billion, sent the plane maker’s shares down as much as 3.5%.