Boeing forecasts bigger-than-expected quarterly loss on defense troubles, strike hit
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Boeing anticipates a larger-than-expected quarterly loss due to issues in its defense unit and the impact of a strike. The company will report its fourth-quarter results next week.
January 23, 2025 | 10:00 pm
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Boeing is set to report a larger-than-expected loss for the fourth quarter, primarily due to charges in its defense unit and the effects of a strike.
Boeing's announcement of a larger-than-expected loss is likely to negatively impact its stock price in the short term. The issues in the defense unit and the strike are significant factors contributing to this financial setback.
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