• Company News: Boeing (BA) posts much-bigger-than-expected quarterly loss

Market news

27 January 2021

Company News: Boeing (BA) posts much-bigger-than-expected quarterly loss

Boeing (BA) reported Q4 FY 2020 loss of $15.20 per share (versus loss of $2.33 per share in Q4 FY 2019), beating analysts’ consensus estimate of -$1.63 per share.

The company’s quarterly revenues amounted to $15.304 bln (-14.6% y/y), roughly in line with analysts’ consensus estimate of $15.361 bln.

BA fell to $198.61 (-1.71%) in pre-market trading.

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