Boeing posts an adjusted loss of 34 cents per share in the third quarter, exceeding expectations; stock falls 9.2%.

After the release of its third-quarter financial report, Boeing (BA.US) dropped 9.2% during trading, marking an 18-month low. Boeing's third-quarter loss exceeded expectations. Supply chain challenges and production delays in the commercial aircraft division offset the positive impact of improved profit margins in other business segments. Boeing CEO Kelly Ortberg stated that the goal of reaching a monthly production output of 47 for the 737 model will not be achieved until next year. Adjusted third-quarter loss per share was 34 cents, higher than analysts' average estimate of a loss of 21 cents per share. The company's revenue increased by 4% year-on-year, reaching $24.19 billion, which was above analysts' forecast of $23.84 billion. Including the drop from today's trading session, Boeing's stock price has declined by nearly 20% so far this year.