Categories AlphaGraphs, Earnings, Industrials
BA Earnings: Highlights of Boeing’s Q4 2022 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the fourth of 2022, reporting a sharply narrower net loss, on an adjusted basis. Revenues grew 35%.
Core earnings, adjusted for special items, narrowed sharply to $1.75 per share in the December quarter from $7.69 per share in the year-ago quarter. On an unadjusted basis, the net loss was $663 million or $1.06 per share, compared to a loss of $4.16 billion or $7.02 per share in the fourth quarter of 2021.
The bottom line benefitted from a 35% increase in revenues to $19.9 billion. During the quarter, the company generated $3.5 billion in operating cash flow and $3.1 billion in free cash flow.
“Demand across our portfolio is strong, and we remain focused on driving stability in our operations and within the supply chain to meet our commitments in 2023 and beyond. We are investing in our business, innovating and prioritizing safety, quality, and transparency in all that we do,” said Boeing’s CEO Dave Calhoun.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
AbbVie Q1 2025 adjusted earnings increase on 8% revenue growth; beat estimates
Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced first-quarter 2025 financial results, reporting an increase in revenue and adjusted earnings. The company reported worldwide net revenues of $13.3 billion for the
Colgate-Palmolive (CL) Q1 2025 Earnings: Key financials and quarterly highlights
Colgate-Palmolive Company (NYSE: CL) reported its first quarter 2025 earnings results today. Net sales decreased 3.1% year-over-year to $4.9 billion. Organic sales growth was 1.4%. Net income attributable to Colgate-Palmolive Company rose
Meta Platforms (META) set to report Q1 earnings. Here’s what to expect
After integrating artificial intelligence into its products, Meta Platforms, Inc. (NASDAQ: META) is investing heavily in the metaverse project. Yet, the tech giant has maintained healthy cash flows and consistently
