earnings
confidence high
sentiment negative
materiality 0.80
Boeing Q4 2023 rev $22.0B, GAAP loss per share ($0.04); 737 production rate 38/mo, quality actions after 737-9 accident
BOEING CO
2023-FY EPS reported
-$3.67
revenue$77,794,000,000
- Q4 revenue $22.0B (+10% YoY), GAAP net loss $30M vs $663M loss a year ago; core loss per share ($0.47).
- Operating cash flow $3.4B, free cash flow $3.0B; total cash & securities $16.0B, debt $52.3B; backlog $520B.
- Commercial Airplanes revenue $10.5B, operating margin 0.4% (improved from -6.5%); delivered 157 airplanes, booked 611 net orders.
- Defense, Space & Security operating loss $101M due to $139M losses on fixed-price contracts; Global Services op margin 17.4%.
- Quality actions after 737-9 accident: additional inspections, one-day production pause, independent quality assessment by outside expert.