As expected Boeing has reported a loss for the fourth quarter and full year 2019 having been severely impacted by the 737 MAX grounding.  For the fourth quarter of 2019, Boeing’s reported revenue was down 37% over the same period in 2018 to $17.9 billion; Boeing’s GAAP loss per share was $1.79 and core (non-GAAP) loss per share was $2.33. For the full year, Boeing revenues have dropped by 24% to $76.6 billion, with GAAP loss per share of $1.12 and core (non-GAAP) loss per share of $3.47. Boeing recorded operating cash flow of ($2.2) billion and paid $1.2 billion of dividends. The manufacturer has a total order backlog of $463 billion.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In