CNBC's Phil LeBeau joins 'Closing Bell Overtime' with breaking news on Boeing.
Boeing's preliminary quarterly results show steeper losses and lower revenue for the aerospace and defense company's fourth quarter.
Boeing expects to report a larger-than-expected loss when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, due to charges at its defense unit and losses from a crippling strike.
Boeing details losses from labor strike, production issues
Beyond analysts' top -and-bottom-line estimates for Boeing (BA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Boeing's engineering union is formally investigating claims from its members that the company is moving work to non-union locations in the United States and overseas.
President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of Boeing 737 MAX planes put in place after a mid-air panel blowout last year until he is satisfied it can be safely raised.
Boeing's stock is currently undervalued, with a potential 12-month price target of $225, driven by improved management and strategic upgrades. New CEO Robert Ortberg's leadership and better-than-expected earnings guidance could catalyze a significant turnaround for Boeing. Boeing's sales are projected to reach $100-$110 billion by 2026, with potential EPS growth to $15 by 2028.
Investors interested in BA stock should wait for a better entry point, considering its elevated leverage and a downward revision in its earnings estimates.
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with turnaround potential, along with some speculative plays and ETFs. Part 5 includes Boeing, Warby Parker, SentinelOne, Dutch Bros, Tilray Brands and SFL, among others.
Boeing (BA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Boeing faced severe quality issues and production delays, leading to a 71% drop in net orders and a 34% decline in deliveries. Airbus also experienced a challenging year but outperformed Boeing, with a 60% drop in net orders but a 4% increase in deliveries. Airbus booked twice as many net orders as Boeing, with a more balanced split between single aisle and wide body aircraft.