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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 ...
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.
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.
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association ...
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 ...
A month ago, West forecast Boeing would generate free cash flow “in the low single-digit billions.” The new forecast shows the mounting costs of the plane maker’s latest crises.
Boeing CFO Brian West told analysts he expects the company will continue burning cash in full year 2025 and the last three months of 2024, sending shares of Boeing down 3.1% to $154.86 ...