Preliminary financial report shows that Boeing’s losses intensified in the fourth quarter of last year, with a post market drop of over 2%

On January 24th, Boeing’s preliminary estimated fourth quarter revenue was $15.2 billion, with analysts expecting $16.76 billion; In the fourth quarter, GAAP reported a loss of $5.46 per share, with an expected loss of $1.32. Boeing stated that its performance has been affected by IAM’s shutdown and reduction of defense positions. Boeing’s stock price fell more than 2% after trading. The complete financial report will be released on the 28th.