U.S. supplier Spirit AeroSystems is investigating years of record-keeping of parts for multiple plane programs, after discovering cases of missing and duplicate paperwork, two industry sources told Reuters.
Spirit Aerosystems (SPR) reported earnings 30 days ago. What's next for the stock?
NEW YORK, NY / ACCESSWIRE / August 23, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating SpiritAeroSystems Holdings, Inc. (NYSE: SPR ), relating to its proposed merger with The Boeing Company.
Spirit AeroSystems CEO Patrick Shanahan will receive a payout of $28.5 million after the 737 MAX fuselage supplier completes its merger with Boeing , according to a regulatory filing on Monday.
Spirit AeroSystems' (SPR) second-quarter loss widens. However, revenues jump 9.3% year over year, driven by higher production activities of the company's commercial programs.
While the top- and bottom-line numbers for Spirit Aerosystems (SPR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Spirit Aerosystems (SPR) came out with a quarterly loss of $2.73 per share versus the Zacks Consensus Estimate of a loss of $0.98. This compares to loss of $1.46 per share a year ago.
Spirit AeroSystems on Monday reported a higher quarterly cash burn on lower 737 fuselage shipments to its biggest customer Boeing , which is producing its best-selling narrowbody jets at a lower rate.
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.
Airplane parts supplier Spirit AeroSystems (NYSE: SPR ) is trending, and SPR stock is up about 4% today. The shares are climbing, and Spirit is attracting attention because Boeing (NYSE: BA ) agreed to buy the firm for $4.7 billion.
Spirit Aerosystems (SPR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Spirit AeroSystems (NYSE: SPR ) stock is on the rise Friday as reports claim the company is getting closer to a deal with Boeing (NYSE: BA ). According to these reports, Boeing is making progress with negotiations to buy Spirit AeroSystems.