Boeing Company Posts Narrower Loss In Q1

Boeing reported a first-quarter net loss attributable to common shareholders of $90 million, narrower than the $123 million loss a year earlier, with loss per share improving to $0.11 from $0.16. However, earnings from operations fell sharply to $448 million from about $4 billion in the prior year period, signaling significant operating weakness despite the smaller net loss.

Analysis

Boeing reported a first-quarter net loss attributable to common shareholders of $90 million, narrower than the $123 million loss a year earlier, with loss per share improving to $0.11 from $0.16. However, earnings from operations fell sharply to $448 million from about $4 billion in the prior year period, signaling significant operating weakness despite the smaller net loss.