Boeing Q4 Loss Sharply Narrows; Results Miss Estimates
Aerospace giant Boeing Co. (BA) on Wednesday reported fourth-quarter net loss attributable to Boeing shareholders of $634 million or $1.06 per share, sharply narrower than $4.14 billion or $7.02 per share in the year-ago quarter.
Excluding special items, core loss for the quarter was $1.75 per share, compared to core loss of $7.69 per share in the prior-year quarter.
Total revenues for the quarter improved 35 percent to $19.98 billion from $14.79 billion in the same quarter last year.
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