Boeing falls after bigger quarterly loss amid production challenges
27/10/2026 14:49
BUZZ-Boeing falls after bigger quarterly loss amid production challenges Updates
** Shares of planemaker Boeing BA.N fall 8.4% to $172.58 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
** CEO Kelly Ortberg says BA will not reach its 737 production rate target of 47 jets a month until next year
** 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 ** Including session moves, stock has fallen over 19% YTD
(Reporting by Miraanta Lowrance in Bengaluru)
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