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.

Spirit AeroSystems' (SPR) top line in the fourth quarter is expected to have been adversely impacted by poor shipset delivery numbers.

What's in Store for Spirit AeroSystems' (SPR) Q4 Earnings?

3 Reasons To Eyeball Spirit AeroSystems

WICHITA, Kan., Feb. 12, 2021 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. [NYSE: SPR] (the "Company") announced today that it has given notice of its intention to redeem in full the outstanding $300 million principal amount of its Senior Floating Rate Notes due 2021 (CUSIP Number...

Spirit AeroSystems Announces Full Redemption of Senior Floating Rate Notes due 2021

WICHITA, Kan., Feb. 10, 2021 /PRNewswire/ -- Following the consolidation of the acquisition of select assets of Bombardier Aerostructures, Spirit AeroSystems Holdings, Inc. [NYSE: SPR] will release its fourth quarter and full-year 2020 financial results at 6:30 a.m. Central Time Tuesday,...

Spirit AeroSystems to Release Fourth Quarter and Full-Year 2020 Financial Results February 23

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Shares of Spirit Aerosystems have rallied by over 110% since November 2020 when Pfizer reported a high efficacy rate of its vaccine and the FAA lifted its ban on MAX aircraft. Investor optimism towards the company that manufactures fuselage, propulsion, and wings for Boeing and Airbus drove this.

What Is Driving The Rally In Spirit Aerosystems Stock?

Boeing

Boeing Co (NYSE: BA) and Spirit AeroSystems Holdings, Inc. (NYSE: SPR) landed upgrades on Wall Street Monday, with a coronavirus vaccine in sight.  The Analyst: UBS analyst Myles Walton upgraded Boeing from Neutral to Buy and doubled the price target from $150 to $300.

UBS Upgrades Boeing, Spirit AeroSystems, Doubles Price Targets

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

Spirit Aerosystems (SPR) Up 89.8% Since Last Earnings Report: Can It Continue?

WICHITA, Kan., Nov. 23, 2020 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE: SPR) President and Chief Executive Officer Tom Gentile and Senior Vice President and Chief Financial Officer Mark Suchinski will speak virtually at the Credit Suisse 8th Annual Virtual Industrials...

Spirit Chief Executive Officer and Chief Financial Officer Speaking at the Credit Suisse 8th Annual Virtual Industrials Conference

The FAA's ungrounding of the 737 Max and recent positive coronavirus vaccine news bode well for Spirit AeroSystems Holdings, Inc. (NYSE: SPR), according to Canaccord Genuity. The Spirit AeroSystems Analyst: Ken Herbert upgraded Spirit AeroSystems from Hold to Buy and raised the price target from $21 to $40.

Spirit AeroSystems Analyst Turns Bullish, Sees 'Broader Aerospace Recovery'

Spirit AeroSystems Inc. is the biggest winner from the Federal Aviation Administration's decision to allow the Boeing 737 Max aircraft to return to service, according to UBS.  .

737 Max's return benefits this company even more than Boeing

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The commercial aerospace supplier wins an upgrade as some of its headwinds begin to fade.

Why Shares of Spirit AeroSystems Are Flying High Today

Monday's encouraging coronavirus vaccine news from Pfizer Inc. (NYSE: PFE) sparked a rally in aerospace stocks.  Even after Monday's rally, the group is "more investable" — and investor interest will grow, according to JPMorgan.

JPMorgan Upgrades Raytheon, Spirit AeroSystems, Says Aerospace 'More Investable'

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The bullish case for Spirit AeroSystems Holdings (NYSE: SPR) is based on a more favorable outlook for Boeing Co's (NYSE: BA) 737 MAX plane, according to Cowen. The Spirit AeroSystems Analyst: Cai von Rumohr upgraded Spirit AeroSystems from Market Perform to Outperform with a price target lifted from $21 to $28.

Spirit AeroSystems Analyst Sees Benefits From Return of Boeing's 737 MAX

Spirit AeroSystems' (SPR) Q3 revenues of $806 million beat the Zacks Consensus Estimate by 4.5% but plunge a massive 58% year over year.

Spirit AeroSystems (SPR) Q3 Earnings Top, Revenues Slump Y/Y

Spirit AeroSystems Holdings, Inc. (SPR) CEO Tom Gentile on Q3 2020 Results - Earnings Call Transcript

We believe there may be better places for your money than Spirit Aerosystems stock at the present time. SPR trades at $19 currently and it has lost 72% in value this year.

Will Spirit Aerosystems Stock Recover Anytime Soon?

Spirit Aerosystems (SPR) delivered earnings and revenue surprises of 18.79% and 4.46%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Spirit Aerosystems (SPR) Reports Q3 Loss, Tops Revenue Estimates

WICHITA, Kan., Nov. 3, 2020 /PRNewswire/ -- Mutually terminated $420 million acquisition of Asco in September 2020 Repaid ~$430 million of term loans in Q3 associated with the 2018 credit facility Raised $900 million of first lien senior secured debt and terminated 2018 credit facility on...

Spirit AeroSystems Reports Third Quarter 2020 Results

Spirit AeroSystems (SPR) had earlier anticipated to incur incremental forward losses on the 787 program in the third quarter, which is likely to have negatively impacted its quarterly earnings.

News for Spirit AeroSystems Hlds Stock (SPR)