secwatch.observer — SEC 8-K summary
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Issuer:     BOEING CO (BA)
CIK:        0000012927
Form:       8-K
Filed at:   2024-10-11T23:59:59+00:00
Accession:  0000012927-24-000067
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boeing preannounces Q3 GAAP loss per share of ($9.97); revenue $17.8B; major charges on 777X and defense programs
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- Q3 preliminary revenue $17.8B, GAAP loss per share ($9.97), operating cash flow ($1.3B) negative.
- Commercial Airplanes records $3.0B pre-tax charge: $2.6B on 777X (777-9 delivery delayed to 2026) and $0.4B on 767 freighter (production ends 2027).
- Defense, Space & Security records $2.0B pre-tax charge on T-7A, KC-46A, Commercial Crew, and MQ-25 programs.
- IAM work stoppage cited as key driver of charges and schedule delays; full Q3 results due Oct 23.
- Cash and investments $10.5B at quarter end; Commercial Airplanes revenue $7.4B (margin -54%), Defense revenue $5.5B (margin -43.1%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/12927/000001292724000067/0000012927-24-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/12927/000001292724000067/ba-20241011.htm
  HTML page:      https://secwatch.observer/filing/0000012927-24-000067

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