Boeing's Awful Earnings Streak Continues

Adam Levine-Weinberg, The Motley Fool
·4-min read
Boeing's Awful Earnings Streak Continues
Boeing's Awful Earnings Streak Continues

Three months ago, Boeing (NYSE: BA) reported a massive core operating loss of $3.3 billion for the second quarter as the COVID-19 pandemic crushed its commercial airplanes and services business lines. Boeing's core loss per share of $4.79 was nearly double what analysts had expected. On Wednesday, Boeing posted a much smaller loss for the third quarter.