...but Boeing's loss is less than their well-paid Wallstreet analysts predicted...and the outlook for 2024 is so bad that Boeing doesn't want to discuss this at all...so this level of performance is now considered a good reason for celebration and their stock price rises.
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Financials will be absolutely dismal this year because of so many failed projects and negative profit airplane manufacturing, and Boeing doesn't want to talk about this given how it would negatively affect stock price with many executives looking to bail out with golden parachutes. And if a company can't maintain both Quality and Financials at same time, they shouldn't be in business.
Red is the new black 🤣🤣🤣
In that case boeing is doing great 👍
Wake-Up and Join The Woke Revolution,
Profit is for the old and outdated patriarchy, Profit Is Passé
Diversity, Equity, and Inclusion, are the new measures of wealth.
Renton Factory Team:
https://cdn.mos.cms.futurecdn.net/mpU255zjgzRhSdnPbg4n7K.jpg
Boeing Accountants:
https://lowres.cartooncollections.com/businesses-meetings-business_meetings-numbers-calculates-business-commerce-WJ900723_low.jpg
Core loss per share (non-GAAP) ($5.81) on 607,000,000 Shares
= $20,489,952,700
https://www.macrotrends.net/stocks/charts/BA/boeing/shares-outstanding
Boeing EBITDA 2010-2023
https://www.macrotrends.net/stocks/charts/BA/boeing/ebitda
Red is the new Black...
It doesn't even matter anymore if Boeing ever gets its act together. Other companies have already far out distanced Boeing and are accelerating. Case in point...recent Airbus and SpaceX space station contract:
https://spacenews.com/starlab-commercial-space-station-to-launch-on-starship/
Wonder if Boeing is still losing money on their failed Starliner project? And USAF Tanker and Airforce One projects? We know they will be losing money on every airplane they will deliver.
It's a participation award.
Manipulation at its best!