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In the early hours of April 24, the Boeing Co. posted staggering losses for Q1 of 2024. The troubled manufacturer suffered a deficit of $3.8 billion in free cash flow, meaning that it bled 22 ...
And it said that the company’s projected annual cash flow will fall short of the $4.3 billion of debt coming due in 2025 and also the $8.0 billion coming due in 2026, and that Boeing will ...
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss to the quarter, citing the effects of a work stoppage ...
Boeing reported on Tuesday an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.S ...
Moody’s Ratings has said that even with improved financial performance, Boeing’s cash flow will not be enough to cover $4.3 billion of debt coming due in 2025 and $8 billion due in 2026.
Even if Boeing achieves the goal that management predicts by reaching $10 billion in free cash flow by 2025 or 2026, that figure would still lag the peak of $13.6 billion posted in 2018.
J.P. Morgan analyst Seth Seifman doesn’t think that Boeing can rebound that fast, but still posits $8.6 billion in free cash flow in 2025. But financial projections won’t fix the culture ...
By Dan Catchpole. SEATTLE - CEO Kelly Ortberg took over at Boeing knowing that the company was in trouble. Those troubles added up to an $11.8 billion loss last year, the company reported on Tuesday.