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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Spirit Aerosystems (SPR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Spirit Aerosystems (SPR): Can Its 6.2% Jump Turn into More Strength?

Spirit Aerosystems (SPR) reported earnings 30 days ago. What's next for the stock?

Why Is Spirit Aerosystems (SPR) Down 9% Since Last Earnings Report?

LOUISVILLE, Colo. & WICHITA, Kan.--(BUSINESS WIRE)--Sierra Space & Spirit AeroSystems Form Strategic Partnership to Bring Affordable Space Systems to Market

Sierra Space & Spirit AeroSystems Form Strategic Partnership to Bring Affordable Space Systems to Market

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) President and Chief Executive Officer Tom Gentile will speak at the UBS Global Industrials and Transportation Conference at 1:00 p.m. (ET) on Wednesday, June 8, 2022. Access to the webcast will be available at http://investor.spiritaero.com/. Individuals are advised to check the website ahead of time to ensure their computers are configured for the webcast. An audio replay of the webcast will be available for one year

Spirit AeroSystems Chief Executive Officer Speaking at the UBS Global Industrials and Transportation Conference

Aerojet Rocketdyne Holdings

AeroVironment

BWX Technologies

HEICO

Lockheed Martin

Raytheon Technologies

Despite the war in Ukraine drawing relevance to defense stocks to buy, some names in this segment are surprisingly undervalued. The post 7 Undervalued Defense Stocks to Buy Now appeared first on InvestorPlace.

7 Undervalued Defense Stocks to Buy Now

Spirit Aerosystems (SPR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Here's Why Spirit Aerosystems (SPR) is Poised for a Turnaround After Losing 15.9% in 4 Weeks

Shares of Spirit AeroSystems tumbled despite top and bottom line beats. SPR's Q1 2022 earnings results were not bad at all from any point of view.

Spirit AeroSystems Stock Tumbles On Bad Boeing 737 MAX News

Spirit AeroSystemss' (SPR) Q1 total revenues of $1,175 million exceed the Zacks Consensus Estimate by 7.3% and rise 30% on a year-over-year basis

Spirit AeroSystems (SPR) Q1 Earnings Beat, Revenues Up Y/Y

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems celebrated the Grand Opening of the Women in Aviation Exhibit inside the B-29 Doc Hangar, Education and Visitors Center in Wichita today. Connie Palacioz, who is 97 years old, was inducted as the inaugural member of the Women in Aviation - Kansas Women's Hall of Fame by Tom Gentile, Spirit AeroSystems President & CEO. She was one of the original “Rosie the Riveters” who worked at the Boeing Wichita plant building B-29 Superfortress bombers

Spirit AeroSystems Celebrates Women in Aviation

Spirit AeroSystems Holdings, Inc. (NYSE:SPR ) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET Company Participants Aaron Hunt - Director of IR, Senior Leader of Sales & Marketing Tom Gentile - President and CEO Sam Marnick - President of Commercial Division & COO Mark Suchinski - SVP & CFO Conference Call Participants Robert Spingarn - Credit Suisse Seth Seifman - JPMorgan Ken Herbert - RBC Capital Markets David Strauss - Barclays Sheila Kahyaoglu - Jefferies Doug Harned - Bernstein George Shapiro - Shapiro Research Kristine Tan Liwag - Morgan Stanley Myles Walton - UBS Cai von Rumohr - Cowen Ronald Epstein - Bank of America Noah Poponak - Goldman Sachs Michael Ciarmoli - Truist Securities Operator Good morning, ladies and gentlemen. And welcome to Spirit AeroSystems Holdings Inc., First Quarter 2022 Earnings Conference Call.

Spirit AeroSystems Holdings, Inc. (SPR) CEO Tom Gentile on Q1 2022 Results - Earnings Call Transcript

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) reported first-quarter revenue growth of 30% year-over-year to $1.18 billion, beating the consensus of $1.09 billion. This increase reflects higher production deliveries on the Boeing Co (NYSE: BA) 737, Airbus SE (OTC:.

Spirit AeroSystems Clocks 30% Revenue Growth In Q1

Spirit Aerosystems (SPR) delivered earnings and revenue surprises of 104.92% and 7.34%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Spirit Aerosystems (SPR) Q1 Earnings and Revenues Beat Estimates

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) (“Spirit” or the “Company”) reported first quarter 2022 financial results. Table 1. Summary Financial Results (unaudited) 1st Quarter ($ in millions, except per share data) 2022 2021 Change     Revenues $1,175 $901 30% Operating Loss ($42) ($126) 66% Operating Loss as a % of Revenues (3.6%) (14.0%) ** Net Loss ($53) ($172) 69% Net Loss as a % of Revenues (4.5%) (19.0%) ** Loss Per Share (Fully Diluted) ($0.51) ($1.65)

Spirit AeroSystems Reports First Quarter 2022 Results

GUANGZHOU, China--(BUSINESS WIRE)--Spirit AeroSystems, Inc. announced today an agreement with Guangzhou Aircraft Maintenance Engineering Company Limited (GAMECO) to be the Spirit Authorized Repair Center in Mainland China. GAMECO was founded in 1989 as a joint venture of China Southern Airlines, Hutchison A/C Maintenance Investment and South China International A/C Engineering. “Spirit AeroSystems is pleased to work with GAMECO to offer Mainland China air carriers with local, in-country service

Spirit AeroSystems Announces Repair Center Agreement with GAMECO

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) will release its first quarter 2022 financial results at 6:30 a.m. Central Time Wednesday, May 4, 2022. Spirit AeroSystems President and Chief Executive Officer Tom Gentile will be joined by Spirit's Senior Vice President and Chief Financial Officer Mark Suchinski and Spirit's Executive Vice President and Chief Operating Officer; President, Commercial Sam Marnick on a conference call presentation to securities analyst

Spirit AeroSystems to Release First Quarter 2022 Financial Results May 4

Boeing

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. [NYSE: SPR] today announced a contract award from The Boeing Company [NYSE: BA] to provide engine pylons and nacelles for the initial phase of the B-52 Commercial Engine Replacement Program (CERP). The total CERP effort is expected to replace 608 engines on the U.S. Air Force fleet of B-52H models. As part of the CERP contract, Spirit will support extending the life of the B-52 Stratofortress through at least 2050. The B-52 first

Boeing Selects Spirit AeroSystems to Support B-52 Commercial Engine Replacement Program

The crash of a Boeing plane has sent shares down for Spirit AeroSystems. Here's what investors need to know about SPR stock now.

Why Is Spirit AeroSystems (SPR) Stock Down Today?

The Boeing Co. shares BA, +1.39% fell 8% in premarket trade Monday, after a Chinese airlines with 133 people on board crashed in the southern province of Guangxi on Monday. Chinese broadcaster CCTV said the accident involved a China Eastern Airlines Boeing and occurred near the city of Wuzhou in Teng county, the Associated Press reported.

Boeing and Spirit AeroSystems shares slide premarket following news of China plane crash involving a Boeing aircraft

Why Is Spirit Aerosystems (SPR) Down 5.5% Since Last Earnings Report?

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems, Inc. (“Spirit” or “Spirit AeroSystems”), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), today applauded congressional and aerospace industry leaders for protecting critical U.S. aviation manufacturing jobs. Nearly 31,000 aviation jobs are being protected through the Aviation Manufacturing Jobs Protection (AMJP) program following multiple rounds of funding that provided $673 million to 593 aviation supply chain busi

Spirit AeroSystems Applauds Leaders for Protecting Aviation Industry Jobs

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems, Inc. (“Spirit” or “Spirit AeroSystems”), a wholly owned subsidiary of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), today announced the conversion to 100% wind-generated electricity at the company's headquarters in Kansas, USA. This major energy transition is one of a number of initiatives accelerating Spirit's transformation to more environmentally responsible operations. “Harnessing a local renewable and reliable resource dramatically reduc

Spirit AeroSystems Converts to Renewable Energy in Kansas

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. [NYSE: SPR] today announced that James R. Ray Jr. has been named to the company's Board of Directors, effective February 14, 2022. He will serve on the Compensation Committee and the Risk Committee. Ray has 25 years of senior executive experience in global manufacturing, strategy development, and business transformation. “We are pleased to welcome James Ray to Spirit's Board of Directors,” said Spirit AeroSystems Board Chair Robe

Spirit AeroSystems Names James Ray to Board of Directors

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) senior leadership will discuss the company's long-term growth and diversification strategies, financial framework and innovation initiatives during its Investor Day on Wednesday, March 2nd, 2022. Presenters will include: Tom Gentile, President and Chief Executive Officer; Mark Suchinski, Senior Vice President and Chief Financial Officer; Sam Marnick, Executive Vice President, Chief Operating Officer and President of C

Spirit AeroSystems Announces 2022 Investor Day

Spirit AeroSystems' (SPR) revenues of $1.07 billion surpass the Zacks Consensus Estimate by 2.8%. The top line increases 22% year over year.

Spirit AeroSystems (SPR) Q4 Earnings Lag Estimates, Revenues Top

WICHITA, Kan.--(BUSINESS WIRE)--Spirit AeroSystems Holdings, Inc. (NYSE: SPR) President and Chief Executive Officer Tom Gentile will speak virtually at the Cowen 43rd Annual Aerospace/Defense & Industrials Conference at 9:20 a.m. (ET) on Thursday, February 10, 2022. Access to the webcast will be available at http://investor.spiritaero.com/. Individuals are advised to check the website ahead of time to ensure their computers are configured for the webcast. An audio replay of the webcast will

News for Spirit AeroSystems Hlds Stock (SPR)