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Economic news
23.04.2025
Company news: Boeing (BA) posts narrower-than-forecast quarterly loss
Boeing (BA) reported Q1 FY2025 loss of $0.49 per share (versus $(1.13) per share in Q1 FY2024), better than analysts’ consensus estimate of $(1.17) per share.
The company’s quarterly revenues amounted to $19.496 bln (+17.7% y/y), roughly in line with analysts’ consensus estimate of $19.537 bln.
The company said higher deliveries drove its quarterly results. It noted that Boeing 737 production gradually increased in the quarter and maintained plans to reach 38 per month this year.
BA rose to $170.31 (+4.79%) in pre-market trading.
See also
30.04.2025
Wall Street. Stocks before the bell
30.04.2025
U.S. economy unexpectedly shrinks in Q1