Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs. As a result, the Chicago-based aerospace giant said Thursday that it will report a loss of $5.

Boeing announced Thursday that it incurred a bigger than expected fourth-quarter loss, concluding a difficult 2024 in which it struggled with a lengthy labor strike and safety problems.

The company's preliminary financial results are based on management estimates and are subject to finalization upon completion of quarter-end financial and accounting procedures. The information disclosed in this article is based on a press release statement from Boeing,

Texas Instruments (TXN) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.49 per share a year ago. These figures are adjusted for non-recurring items.