The Boeing Co. Q4 Loss Decreases, but misses estimates

The Boeing Co. (BA) released Loss for fourth quarter that decreased from the same period last year but missed the Street estimates.

The company's earnings came in at -$634 million, or -$1.06 per share. This compares with -$4.14 billion, or -$7.02 per share, in last year's fourth quarter.

Excluding items, The Boeing Co. reported adjusted earnings of -$650 million or -$1.75 per share for the period.

Analysts on average had expected the company to earn $0.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 35.1% to $19.98 billion from $14.79 billion last year.

The Boeing Co. earnings at a glance (GAAP) :

-Earnings (Q4): -$634 Mln. vs. -$4.14 Bln. last year.
-EPS (Q4): -$1.06 vs. -$7.02 last year.
-Analyst Estimates: $0.26
-Revenue (Q4): $19.98 Bln vs. $14.79 Bln last year.

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