Boeing reports $6 billion quarterly loss with union vote underway

Oct 23, 2024 · Aircraft machinists are voting on a proposed contract offer that could bring an end to a strike that has gone on for more than 40 days. ... Boeing reports $6 billion quarterly loss …

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Boeing Reports $6 Billion Quarterly Loss With Union Vote Underway

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Boeing Reveals $6 Billion Quarterly Loss Ahead Of Key Vote By

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Excluding one-time items, Boeing had a loss of $10.44 a share, wider than the $10.40 FactSet consensus. Revenue fell 1% to $17.840 billion from $18.104 billion, but was above the …

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Boeing Reports US$6 Billion Quarterly Loss | CTV News

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Oct 23, 2024 · Boeing lost US$6.17 billion in the period ended Sept. 30, with an adjusted loss of US$10.44 per share. Analysts polled by Zacks Investment Research had expected a loss of …

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Striking ...

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Oct 23, 2024 · Earnings Results Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists Boeing shows a surprise revenue beat, which is weighing against a wider …

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Boeing Posts A $6 Billion Loss As Striking Workers Vote On A New ...

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Oct 23, 2024 · Boeing reported a staggering loss of $6 billion in the third quarter. The disappointing earnings report comes the same day as striking machinists are voting on a new …

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Boeing Reports $6 Billion Quarterly Loss As Striking Workers Vote On ...

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Oct 23, 2024 · Boeing reported that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research had …

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Boeing Reports $6 Billion Quarterly Loss Amid A Crippling Strike

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Oct 23, 2024 · Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were …

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Boeing Machinists Have Voted To Continue Their Strike - Jacobin

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Oct 25, 2024 · The strike has halted payments for planes, and Boeing reported a staggering $6 billion loss for the quarter on October 23. When the strike started, Boeing announced …

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As Boeing Reports $6.2B Loss, New CEO Lays Out Vision And …

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Oct 23, 2024 · As Boeing on Wednesday announced a staggering quarterly loss of $6.2 billion and 33,000 Machinists gathered to vote on whether to end or extend their nearly 6-week-old …

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Union …

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Oct 23, 2024 · Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were …

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Boeing Unveils $6 Billion Quarterly Loss Ahead Of Key Vote By …

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Boeing Co.’s stock was slightly lower Wednesday, after the troubled aerospace giant’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by …

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Boeing Machinists Hold Contract Vote That Could End Their 7-week …

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Nov 5, 2024 · Machinists voted down another offer — 35% raises over four years, and still no revival of pensions — on Oct. 23, the same day that Boeing reported a third-quarter loss of …

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Boeing Factory Workers Strike After Rejecting Contract - NBC News

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Sep 13, 2024 · Workers in the Seattle area and Oregon voted 94.6% against a tentative agreement Boeing and the International Association of Machinists and Aerospace Workers …

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FAQs about Boeing reports $6 billion quarterly loss with union vote underway Coupon?

How much did Boeing lose?

Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were calling for a loss of $10.34 per share. Revenue totaled $17.84 billion, matching Wall Street estimates. Shares were flat before the opening bell. ...

Did machinists vote down a Boeing deal?

Machinists voted down another offer — 35% raises over four years, and still no revival of pensions — on Oct. 23, the same day that Boeing reported a third-quarter loss of more than $6 billion. However, the offer received 36% support, up from 5% for the mid-September proposal, making Boeing leaders believe they were close to a deal. ...

How much money did Boeing lose during labor negotiations?

Boeing reports $6 billion losses as labor contract negotiations continue, with union members set to vote on a contract with a 35-percent pay increase. ...

Why did Boeing lay off 10% of its workforce?

Boeing also announced at the time plans to lay off about 10% of its workforce, and Chief Executive Kelly Ortberg told investors the business was “in a difficult position.” The company had a net loss of $6.17 billion, for the quarter, or $9.97 a share, wider than the loss of $1.64 billion, or $2.70 a share, posted in the year-earlier period. ...

How much did Boeing lose in Q1?

The company had a net loss of $6.17 billion, for the quarter, or $9.97 a share, wider than the loss of $1.64 billion, or $2.70 a share, posted in the year-earlier period. Excluding one-time items, Boeing had a loss of $10.44 a share, wider than the $10.40 FactSet consensus. ...

What happened to Boeing machinists?

The labor standoff — the first strike by Boeing machinists since an eight-week walkout in 2008 — is the latest setback in a volatile year for the company. Boeing came under several federal investigations after a door plug blew off a 737 Max plane during an Alaska Airlines flight in January. ...