Boeing Beats Estimates, Plans Further Job Cuts
Boeing (NYSE: BA) lost less money than expected in the third quarter, but the company's outlook served as a stark reminder of how long a post-pandemic turnaround will take.
Before markets opened Wednesday, the aerospace giant reported a third-quarter loss of $1.39 per share on revenue of $14.1 billion. Wall Street had expected a $2.32 per share loss on revenue slightly higher at $14.5 billion.
Image source: Boeing.
Source Fool.com
