Spirit AeroSystems Hlds

Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates through the following segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment designs and manufactures forward, mid, and rear fuselage sections which related to floor beams, nacelles, struts and pylons, horizontal and vertical stabilizers, flaps and slats and wing structures. The Defense & Space segment offers fixed wing aircraft aerostructures, missiles and hypersonics and rotorcraft aerostructure. The Aftermarket segment includes development, production, and marketing spares and repair and overhaul (MRO) services related to commercial and defense & space program. The company was founded in 2005 and is headquartered in Wichita, KS.

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Spirit AeroSystems reports revenue growth amidst challenges, focuses on optimization

Spirit AeroSystems navigated challenges in 2022 with a focus on revenue growth, cost reduction, and production optimization. The company's performance in the Defense & Space segment was a highlight, contributing to a positive outlook. Despite facing supply chain and labor issues, Spirit AeroSystems remains proactive in addressing challenges and pursuing opportunities for growth.

Spirit AeroSystems tackles quality issues, eyes production improvements amid challenges

Spirit AeroSystems addresses quality issues, focuses on production standards, and strengthens relationships with Boeing. Despite challenges, the company is leveraging opportunities to enhance operations and financial performance.

Spirit AeroSystems reports Q2 revenue growth but faces supply chain challenges

Spirit AeroSystems faced challenges with supply chain disruptions impacting profitability, leading to negative free cash flow projections for the year.
Despite these challenges, the company demonstrated strengths in Defense & Aftermarket segments with strong revenue growth and operating margins.
Opportunities lie in increasing production rates, addressing supply chain issues, and focusing on operational execution for improved profitability and cash flow.
Overall, Spirit AeroSystems aims to stabilize its supply chain, increase production rates, and enhance financial health amidst industry challenges and forward losses.

Spirit AeroSystems reports revenue growth and positive impacts from Boeing agreement

Spirit AeroSystems' Q3 performance showed revenue growth and financial impacts from the Boeing agreement. The company faces challenges with disruptions, labor issues, and potential Airbus program impacts. Opportunities include positive cash flow projections and resolving negotiations with Airbus.

Spirit AeroSystems reports strong Q4 performance amidst challenges and opportunities

Spirit AeroSystems demonstrated robust financial performance in Q4 2023, driven by revenue growth, positive EPS, and operational improvements in production and quality.
While facing challenges such as forward losses and cash flow impacts, the company is focused on leveraging opportunities like debt reduction and quality-driven incentives for future growth.
Strategic initiatives in product safety, innovation, and cost management position Spirit AeroSystems for long-term success and operational excellence in the aerospace industry.

Spirit AeroSystems reports revenue growth, faces challenges in Airbus negotiations

Spirit AeroSystems reported improved revenue and operational performance in Q1 2024, with a focus on safety, quality, and financial stability.
Challenges include negotiations with Airbus, cash usage impact from production disruptions, and labor scarcity in key locations.
Opportunities lie in discussions with Boeing for potential acquisition, securing supply agreements with Airbus, and enhancing operational efficiency.
Overall, Spirit AeroSystems' strategic initiatives aim to address challenges, leverage strengths, and capitalize on growth opportunities for long-term success.

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Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates through the following segments: Commercial, Defense and Space, and Aftermarket. The Commercial segment designs and manufactures forward, mid, and rear fuselage sections which are related to floor beams, nacelles, struts and pylons, horizontal and vertical stabilizers, flaps and slats, and wing structures. The Defense and Space segment offers fixed wing aircraft aerostructures, missiles and hypersonic, and rotorcraft aerostructure. The Aftermarket segment includes development, production, and marketing spares and repair and overhaul services related to commercial and defense and space program. The company was founded in 2005 and is headquartered in Wichita, KS.

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) between April 8, 2020 and April 13, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 3, 2023. SO WHAT: If you purchased Spirit AeroSystems securities du.

SPR EQUITY ALERT: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Sprit AeroSystems Holdings Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – SPR

LOS ANGELES--(BUSINESS WIRE)---- $SPR #SPR--The Schall Law Firm Encourages Investors in Spirit AeroSystems Holdings, Inc. with Losses of $100,000 to Contact the Firm.

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Spirit AeroSystems Holdings, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Spirit AeroSystems Holdings, Inc. (“Spirit” or the “Company”) (NYSE: SPR) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired Spirit securities between April 8, 2020 and April 13, 2023, both dates inclusive (the “Class Period”).

SPIRIT ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Spirit AeroSystems Holdings, Inc. and Encourages Investors to Contact the Firm

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: Spirit AeroSystems business and prospects, resulting in its stock trading at inflated prices.

SPR INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Spirit AeroSystems Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead the Spirit AeroSystems Class Action Lawsuit

Spirit AeroSystems tanked for good reason after its earnings release. 2023 will be an underwhelming year.

Spirit AeroSystems: The Mini Boeing Crisis Offers A Contrarian Buy Opportunity

LOS ANGELES--(BUSINESS WIRE)---- $SPR--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Spirit AeroSystems Holdings, Inc. (SPR) Investors.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Spirit AeroSystems Holdings, Inc. (SPR) Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Spirit AeroSystems Holdings, Inc. (SPR) Investors.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Spirit AeroSystems Holdings, Inc. (SPR) Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Spirit AeroSystems Holdings, Inc.

SPR CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Spirit AeroSystems Holdings, Inc.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR ) Q1 2023 Earnings Conference Call May 3, 2023 11:00 AM ET Company Participants Ryan Avey - Senior Director, Investor Relations & FP&A Tom Gentile - President & Chief Executive Officer Mark Suchinski - Senior Vice President & Chief Financial Officer Conference Call Participants Seth Seifman - JPMorgan Ken Herbert - RBC Sheila Kahyaoglu - Jefferies David Strauss - Barclays Doug Harned - Bernstein Cai von Rumohr - Cowen Myles Walton - Wolfe Research Rob Spingarn - Melius Research George Shapiro - Shapiro Research Kristine Liwag - Morgan Stanley Michael Ciarmoli - Truist Noah Poponak - Goldman Sachs Peter Arment - Baird Operator Good morning, ladies and gentlemen, and welcome to Spirit AeroSystems Holdings Incorporated First Quarter 2023 Earnings Conference Call. My name is Jason, and I'll be the coordinator today.

Spirit AeroSystems Holdings, Inc. (SPR) Q1 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Spirit Aerosystems (SPR) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Spirit Aerosystems (SPR) Reports Q1 Earnings: What Key Metrics Have to Say

Spirit Aerosystems (SPR) came out with a quarterly loss of $1.69 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to earnings of $0.03 per share a year ago.

Spirit Aerosystems (SPR) Reports Q1 Loss, Lags Revenue Estimates

Boeing

Spirit AeroSystems is struggling through losses and operational issues. Boeing and Airbus are still supporting the company, though.

Boeing Supplier Spirit AeroSystems Is 'Too Big To Fail'

Shares of Spirit AeroSystems Holdings Inc. SPR dropped 4.5% in premarket trading Wednesday, after the maker of components used in commercial and defense aircraft reported a much wider-than-expected loss and revenue that came up short, and said a quality issue on components used in Boeing Co.'s BA 737 planes hurt results. Net losses widened to $281.2 million, or $2.68 a share, from $52.8 million, or 51 cents a share, in the year-ago period.

Spirit AeroSystems stock drops after losses were much wider than forecast, quality issue identified on fittings for some Boeing 737s

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (“Spirit” or the “Company”) reported first quarter 2023 financial results. Table 1. Summary Financial Results (unaudited) 1st Quarter ($ in millions, except per share data) 2023 2022 Change   Revenues $1,431 $1,175 22% Operating Loss ($95) ($42) ** Operating Loss as a % of Revenues (6.6%) (3.6%) (300) BPS Net Loss ($281) ($53) ** Net Loss as a % of Revenues (19.6%) (4.5%) ** Loss Per Share (Fully Diluted) ($2.68) ($0.

Spirit AeroSystems Reports First Quarter 2023 Results

Spirit Aerosystems (SPR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Spirit Aerosystems (SPR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Spirit AeroSystems Holdings, Inc. (“Spirit” or the “Company”) (NYSE: SPR) on behalf of Spirit stockholders. Our investigation concerns whether Spirit has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action.

SPIRIT ALERT: Bragar Eagel & Squire, P.C. is Investigating Spirit AeroSystems Holdings, Inc. on Behalf of Spirit Stockholders and Encourages Investors to Contact the Firm

Spirit Aerosystems (SPR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Strength Seen in Spirit Aerosystems (SPR): Can Its 7.8% Jump Turn into More Strength?

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Spirit AeroSystems Holdings, Inc. (“Spirit” or the “Company”) (NYSE: SPR) investors concerning the Company's possible violations of federal securities laws. On April 13, 2023, The Boeing Company (“Boeing”) disclosed that it was pausing deliveries on some 737 MAX jets to address incorrectly installed parts.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Spirit AeroSystems Holdings, Inc. (SPR) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $SPR #SPR--The Schall Law Firm Announces it is Investigating Claims Against Spirit AeroSystems Holdings, Inc.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Spirit AeroSystems Holdings, Inc. and Encourages Investors with Losses to Contact the Firm

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Spirit AeroSystems Holdings, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Spirit AeroSystems Holdings, Inc. (“Spirit” or the “Company”) (NYSE: SPR) investors concerning the Company's possible violations of the federal securities laws.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Spirit AeroSystems Holdings, Inc. (SPR) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Spirit AeroSystems Holdings, Inc. (“Spirit” or the “Company”) (NYSE: SPR) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On April 13, 2023, The Boeing Company (“Boeing”) disclosed that it was pausing deliveries on some 737 MAX jets to address incorrectly installed parts.

The Law Offices of Frank R. Cruz Announces Investigation of Spirit AeroSystems Holdings, Inc. (SPR) on Behalf of Investors

Boeing disclosed a flaw with some of its 737 Max planes last week and said it was likely to delay deliveries.

Boeing CEO stands by plans to increase 737 Max production despite recent flaw

American Airlines

Southwest Airlines

Southwest and American are among the airlines expecting new Max aircraft this year.

Boeing's 737 Max problem is the latest headache for airlines hungry for new planes

Spirit is a former Boeing subsidiary that builds large sections of the 737 MAX. Boeing announced Thursday it was halting some deliveries of the plane due to assembly issues tied to Spirit.

News for Spirit AeroSystems Hlds Stock (SPR)