Boeing released their Q3 2024 earnings today, and the market is bracing for turbulence: ?? EPS: -$10.44 (Missed estimates) ?? Revenue: $17.5B ?? Strike Impact: $5B loss due to ongoing employee strikes ?? Production Delays: 737 production target pushed back ?? Stock Reaction: Shares are down 1.52% post-earnings Prolonged worker strikes, production delays, and plans for a potential $25 billion capital raise. Despite the turbulence, Boeing is focused on stabilizing its balance sheet, but analysts remain cautious about future performance. Follow us on insta ?? @asksherlock.ai for daily trading/investing visuals! This content is for educational purposes only. Always do your own research. You are solely responsible for all investment, tax, and financial decisions that you make. Please read the disclaimer on my profile.
Sherlock AI的动态
最相关的动态
-
Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a month-long strike becoming more bitter each day. Read more here: https://lnkd.in/gzVgaNe7 . . Like ?? Comment below ? Share ? For More Such Updates Follow Us @qnewshub @qnewscrunch . . #qnewshub #qnewscrunch #StartupFunding
要查看或添加评论,请登录
-
?? Boeing Takes Action to Stabilize Finances Amid Growing Challenges ?? Boeing is moving to raise at least $10 billion through a stock offering to support its liquidity, with a broader plan to issue up to $25 billion in shares or debt over the next three years. Facing pressures from a machinists' strike and cash burn of $1 billion per month, the jet maker hasn't posted a profit since 2018 and carries a net debt of $45 billion. Despite these challenges, Boeing is taking steps to secure its financial future, including entering a new $10 billion credit agreement. Stay tuned for updates as Boeing navigates this critical phase. #Boeing #Finance #Aerospace #StockMarket #BusinessNews
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
wsj.com
要查看或添加评论,请登录
-
Will Boeing go bankrupt? It may. ?? Boeing posted a $6.1 billion loss this quarter and is grappling with a staggering $58 billion debt. Compounded by the 737 MAX crisis and ongoing employee strikes, this iconic brand faces significant challenges. With only $10.5 billion in cash reserves, S&P has warned of a potential downgrade if reserves dip below $10 billion, a move that could push Boeing toward junk status. To prevent this, Boeing has begun selling equity, aiming to raise $19 billion. Yet, its stock has already fallen by 40% this year, even as commercial aviation, space travel, and the defense industry show robust growth. Adding to its cost-cutting measures, Boeing recently announced layoffs impacting 17,000 employees. With high-interest debt compounding, the question remains: can Boeing escape this financial quagmire? The outlook is uncertain at best.
要查看或添加评论,请登录
-
Boeing's $4B Share Sale: Investors Cautiously Optimistic ???? The wait is over! Boeing's share sale details are out, but investors are lukewarm. ?? The stock price dipped initially, reflecting concerns about: 1?? Cash burn??: $14B in 2024, with more to come in 2025. 2?? Uncertain prospects: No clear path to generating cash. ??♂? 3?? Strike impact: Ongoing labor disputes add to uncertainty. ?? Key stats: ?? $4B share sale ?? $14B cash burn in 2024 ?? Further cash burn expected in 2025 ?? Ongoing strike affects production Investors want to see: 1?? Uptake on share sale 2?? Future growth prospects Boeing's road to recovery is long and turbulent. Will they navigate the challenges? Share your thoughts! ?? #Boeing #ShareSale #CashBurn #Aviation #Aerospace #Finance #Investing #StockMarket #Airbus #LaborDisputes #Manufacturing #Earnings #GrowthProspects #TurnaroundStory
要查看或添加评论,请登录
-
In Q2 2024, Boeing reported a 15% year-over-year revenue decline to $16.9 billion. The company posted a GAAP net loss of $1.43 billion, or $2.33 per share. Key challenges included a 32% drop in commercial airplane deliveries and $1 billion in losses from defense programs. The Global Services division showed a 3% revenue growth to $4.9 billion, with a 17.8% operating margin. Boeing's operating cash flow stood at -$3.9 billion, and the company increased its debt to $57.9 billion. Boeing plans to ramp up production of its 737 and 787 aircraft by year-end. Below, we offer a look into the company's financial performance in charts. For more company-specific insights, check out the link in the comments. #Valueinvesting #Stockmarket #Boeing #financialmarkets #InCharts
要查看或添加评论,请登录
-
Today, Boeing is making a bold move to tackle some major challenges—it’s raising up to $22 billion through a huge share sale! Here’s the scoop on why this is a big deal: Boeing has been facing cash flow issues recently, with a major strike slowing down production of the 737 Max (their best-selling jet) and other ongoing recovery costs piling up. By selling shares, Boeing is looking to bring in the funds they need to: 1. Stay Financially Strong and keep a good credit rating, which helps them avoid costly debt. 2. Fund Operations and Restart Production once the strike ends. 3. Support Future Growth in a challenging market. To make this happen, they’ve partnered with big banks like Goldman Sachs and JPMorgan, who are helping handle the sale. Why should we care? Because this move isn’t just about survival it's a crucial step to get Boeing ready for a strong comeback in the months ahead. Watching a company the size of Boeing navigate these rough waters is a reminder of how even the giants need to adapt, make bold choices, and invest in their future. ?? It’s definitely a story to keep an eye on! #Boeing #Aviation #BusinessStrategy #Resilience #FinancialNews
要查看或添加评论,请登录
-
Boeing Plans To Sell Off Major Assets As The Company Scrambles To Remain Profitable And Stay Competitive In A Tough Market" "They don't want to pay the workers but they see fit to give the ceo a 45% increase in pay for one year. After 8 years of 1% increase in pay every two years. Time to pay those who do they work. Boeing decided that Quality inspection were not needed and decided to reduce the amount of inspections. In aviation, the more people who check things, it becomes safer. Just look at all the new cars on the side of the road from breakdowns. Not acceptable for airplanes. company starts to tank, but what do they care? They already milked millions out of the company and then get a nice ten figure payout when they "resign/step down" (i.e. get fired) via their golden parachute." https://lnkd.in/gQbDa9G3
Boeing Plans To Sell Off Major Assets As The Company Scrambles To Remain Profitable And Stay Competitive In A Tough Market
finance.yahoo.com
要查看或添加评论,请登录