Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.

But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair company DEX lost money for 18 years in a row before turning profitable in 2019. SBA Communications and LiveNation are tied for second with 17-year runs of red ink that are thankfully over.

Boeing has reported another grim financial quarter, posting a US$3.8 billion loss for Q4 2024. The struggling aerospace giant has now accumulated more than $35 billion in losses since 2019, when two fatal crashes involving its 737 Max jets killed 346 people.

Boeing reported its full fourth-quarter results Tuesday morning. Boeing generated fourth-quarter sales of $15.2 billion, while Wall Street was looking for $16.6 billion, according to FactSet. The fourth-quarter loss per share was $5.

Boeing posted a fourth-quarter loss of $3.8 billion (around €3.4bn) on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. View on euronews

Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.

Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.

U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued

Overall, Wall Street remains mostly bullish on Boeing's stock. Of the 33 analysts surveyed by FactSet, 18 are bullish (55%), 13 are neutral and only two are bearish. The stock has rallied 15.3% ...

Led by positive growth for shares of Boeing and Salesforce, the Dow Jones Industrial Average is up Tuesday morning.

Tuesday's Forbes Daily covers Chinese AI DeepSeek's impact on stock market, Boeing's earnings woes, Trump's military orders, Super Bowl ticket and party prices, and more.

A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump