Spirit Aerosystems (SPR) came out with a quarterly loss of $3.34 per share versus the Zacks Consensus Estimate of a loss of $0.52. This compares to a loss of $2.73 per share a year ago.
Spirit Aerosystems (SPR) doesn't possess 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) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
| Aerospace & Defense Industry | Industrials Sector | Hon. Patrick M. Shanahan CEO | XBER Exchange | US8485741099 ISIN |
| US Country | 20,370 Employees | 11 Dec 2020 Last Dividend | 20 Dec 2013 Last Split | 21 Nov 2006 IPO Date |
Spirit AeroSystems Holdings, Inc. is a leading entity specializing in the design, engineering, manufacturing, and marketing of commercial aerostructures on a global scale. The company operates through three major segments: Commercial, Defense & Space, and Aftermarket. Known previously as Mid-Western Aircraft Systems Holdings, Inc., it has established its headquarters in Wichita, Kansas, and traces its establishment back to 1927. Spirit AeroSystems excels in providing cutting-edge solutions and services across various aerostructural components, catering to a diverse clientele in commercial, business/regional jet programs, U.S. Government defense programs, and more. The company’s dedication to innovation, quality, and service has cemented its position as a pivotal player in the aerospace industry.
This segment is responsible for delivering critical aerostructure components. These components play a vital role in the construction and functionality of aircraft, ensuring safety, efficiency, and performance criteria are met for commercial aviation and business/regional jets.
This segment caters to the defense and space market by providing highly specialized aerostructure solutions, including critical parts for missiles and hypersonic systems. Their work supports the defense sector's need for high-quality, reliable components that cater to the stringent requirements of military and space applications.
The aftermarket segment ensures the longevity and optimal performance of aerostructure components through its MRO services. By supplying spare parts, providing repair services, and offering engineering expertise, it supports the continuous operation and efficiency of aircraft across various sectors.