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Boeing falls after bigger quarterly loss amid production challenges

BUZZ-Boeing falls after bigger quarterly loss amid production challenges

** Shares of planemaker Boeing BA.N fall 2.6% to $183.29 after Q3 results

** BA posts bigger Q3 loss than expected as supply-chain ‌challenges, production delays in its commercial airplane division overshadows bigger margins across rest of the company

** Commercial Airplanes posts operating loss of $697 mln; margin at -6.5%

** Unit blames less profitable jetliner deliveries and higher production costs, including supply chain

** Q3 adj. loss 34 cents per share vs analysts' avg est 21 cent loss - LSEG compiled data

** Revenue rises 4% to $24.19 bln vs analyst est of $23.84 bln ** As of last close, stock has fallen 13.3% YTD


(Reporting by Miraanta Lowrance in Bengaluru)

((miraanta.lowrance@thomsonreuters.com))

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