The Boeing Co. (BA) revealed Loss for its fourth quarter that increased from the same period last year and missed the Street estimates.
The company's bottom line totaled -$3.923 billion, or -$5.46 per share. This compares with -$23 million, or -$0.04 per share, last year.
Excluding items, The Boeing Co. reported adjusted earnings of -$5.90 per share for the period.
Analysts on average had expected the company to earn -$1.66 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 30.8% to $15.242 billion from $22.018 billion last year.
The Boeing Co. earnings at a glance (GAAP) :
-Earnings: -$3.923 Bln. vs. -$23 Mln. last year.
-EPS: -$5.46 vs. -$0.04 last year.
-Revenue: $15.242 Bln vs. $22.018 Bln last year.
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