earnings
confidence high
sentiment negative
materiality 0.80
Boeing Q3 GAAP loss per share $5.49; core loss $6.18; defense losses $2.8B
BOEING CO
2022-Q3 EPS reported
-$7.24
revenue$46,628,000,000
- Revenue $16.0B (+4% YoY); GAAP net loss $3.3B vs. $132M loss in Q3 2021.
- Defense segment recorded $2.8B pre-tax losses on fixed-price development programs (KC-46A, VC-25B, MQ-25, T-7A, Commercial Crew).
- Operating cash flow $3.2B, up from -$262M in Q3 2021; free cash flow $2.9B.
- Resumed 787 deliveries in August; delivered 112 commercial airplanes, up 32% YoY.
- Backlog $381B (over 4,300 commercial airplanes); cash and investments $14.3B.