Boeing Posts Major EPS Shortfall in Q4

Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.Aerospace and defense giant Boeing (BA -0.51%) reported disappointing fourth-quarter and full-year results for 2024 on Tuesday, Jan. 28. The company recorded a challenging quarter, falling short of expectations due to external disruptions and strategic hurdles. Boeing reported a core earnings loss of $5.90 per share, notably below the forecasted$3.22 per share loss. Revenue for th ...