Reported 14 days ago
Boeing is currently facing significant challenges, reporting a net loss of $8 billion over the past year, mainly due to a recent labor strike and declining sales. While analysts predict a return to profitability by 2025 with estimated earnings of $8.12 per share in 2027, rising labor costs and increased share dilution may lower actual earnings to around $5.96 per share. With the stock priced at over 25 times the 2027 earnings estimate, many investors may find it too risky to invest in Boeing amidst its uncertain future and significant debt.
Source: YAHOO