Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.

But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair company DEX lost money for 18 years in a row before turning profitable in 2019. SBA Communications and LiveNation are tied for second with 17-year runs of red ink that are thankfully over.

Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.

Boeing reported its full fourth-quarter results Tuesday morning. Boeing generated fourth-quarter sales of $15.2 billion, while Wall Street was looking for $16.6 billion, according to FactSet. The fourth-quarter loss per share was $5.

Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.

U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued

Boeing generated fourth-quarter sales of $15.2 billion, while Wall Street was looking for $16.6 billion, according to FactSet. The fourth-quarter loss per share was $5.46, compared with the loss ...

Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.

Overall, Wall Street remains mostly bullish on Boeing's stock. Of the 33 analysts surveyed by FactSet, 18 are bullish (55%), 13 are neutral and only two are bearish. The stock has rallied 15.3% ...

Boeing posted a fourth-quarter loss of 3.8 billion US dollars (£3.05 billion) on Tuesday as a machinists’ strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than 35 billion dollars (£28 billion) since 2019 following the crashes of two then-new Max jets that killed 346 people.

On Tuesday, the company reported losses of almost $4 billion in the fourth quarter. Since 2019, Boeing has reportedly bled more than $35 billion as a result of two deadly 737 Max crashes, and then the machinist's strike last fall.

Led by positive growth for shares of Boeing and Salesforce, the Dow Jones Industrial Average is up Tuesday morning.