Boeing’s net loss contracts to £358.59 million in the fiscal third quarter

The Boeing Co. (NYSE: BA) said on Wednesday that its adjusted loss in the fiscal third quarter came in narrower than expected. It’s revenue, however, missed analysts’ estimates in Q3. Boeing reported £358.59 million of net loss in the third quarter that translates to 60.79 pence per share. In comparison, the aeroplane manufacturer had registered £900 million of net income in the comparable quarter of last year or £1.58 per share. In the prior quarter (Q2), Boeing had revealed a much broader £1.85 billion of net loss. Boeing’s Q3 financial results versus analysts’ estimates Adjusted for one-time items, Boeing recorded