Boeing registers a loss of US $ 3.86 billion in the last quarter of 2024

by Andrea
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The accumulated orders of the automaker, on the other hand, totaled $ 521 billion, which demonstrates a solid basis of requests, despite the financial difficulties

A registered net loss of US $ 3.86 billion in the last quarter of 2024, a significant drop compared to the loss of only $ 30 million in the same period of the previous year. The result per share was $ 5.90, a value that exceeded the forecast of analysts, which was $ 3.22. This situation reflects financial challenges faced by the company. The company’s revenue also presented a sharp drop of 31% over the previous year, totaling US $ 15.2 billion. This number was below the market expectation, which provided for revenue of $ 15.6 billion. These results indicate a challenging scenario for Boeing, which continues to deal with difficulties in its operation.

In addition, Boeing’s free operational cash flow was negative, reaching $ 3.45 billion. This data is indicative that the company is facing problems in its generation of cash, which can impact its future operations. The accumulated orders of Boeing, on the other hand, totaled $ 521 billion, which demonstrates a solid basis of requests, despite the financial difficulties. Following the disclosure of financial results, Boeing’s shares presented slight fluctuations in the market. At 9:32 am, Brasília time, the company’s roles recorded a small increase of 0.5%.

*Report produced with the aid of AI
Posted by Fernando Dias

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