BUZZ-Boeing hits near six-month high after Q4 results
ReutersJan 28, 2025 3:22 PM
Shares of planemaker Boeing BA.N rise 4.3% to their highest since August 2024 after it reports Q4 results; on track for its best day since then, if gains hold
"Not too worried" about the Trump administration's threats to impose tariffs on trade partners, CEO Kelly Ortberg says
The company reports a cash burn of $4.1 bln in Q4, lower than analysts' estimate of $4.26 bln
However, it reports an annual loss of $11.83 bln - its largest since 2020
Boeing has grappled with problems at its commercial and defense units along with the fallout of a crippling strike by U.S. West Coast factory workers
BA lost 32% in 2024 and is up 4.2% YTD
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