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.

Boeing

Boeing Co. has agreed to purchase Spirit AeroSystems Holdings Inc. in an all-stock deal valued at $4.7 billion, or $37.25 per share, unwinding a two-decade separation. This strategic move aims to address ongoing manufacturing defects and streamline operations.

Boeing to acquire Spirit AeroSystems for $4.7 billion

Boeing agreed to acquire Sprit Aero for $37.25 a share in stock. The deal values Spirit at about $8 billion, including the company's debt.

Boeing to Buy Spirit Aero in $4.7 Billion Deal

Boeing announced plans to aquire Spirit AeroSystems for $4.7 billion in an all-stock transaction for the manufacturing firm, which already was part of the aerospace company's manufacturing chain.

Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock

Boeing Co. has agreed to buy parts supplier Spirit Aerosystems Holdings Inc. in an all-stock deal worth more than $4 billion.

Boeing agrees to buy supplier Spirit Aerosystems for $4.7 billion

Airbus SE

Europe's Airbus on Monday set out the terms under which it plans to buy certain loss-making activities of Spirit AeroSystems as part of a planned wider break-up of the supplier between Airbus and rival Boeing.

Airbus says to get $559 mln compensation under Spirit Aero deal

Boeing said in March that it was in talks to acquire fuselage maker Spirit AeroSystems. The deal comes after a big leadership shake-up at Boeing following a door panel that blew out midflight from a nearly new Boeing 737 Max 9 jet.

Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal

Boeing said on Monday it would buy its struggling supplier Spirit AeroSystems in a $4.7 billion all-stock deal which was finalized after months of talks, as the aerospace giant tries to solve a full-blown safety and regulatory crisis that has engulfed its key supplier as well.

Boeing to buy Spirit Aero in $4.7 bln deal after months of talks

Boeing BA -0.27%decrease; red down pointing triangle clinched a deal to buy Spirit AeroSystems SPR 0.15%increase; green up pointing triangle, taking back a troubled fuselage maker that it split off two decades ago as the jet manufacturer grapples with production problems.

Boeing Scoops Up Spirit AeroSystems, Its Troubled 737 Supplier

Enters into Term Sheet for Airbus to Assume Ownership of Certain Airbus Program Assets WICHITA, Kan. , July 1, 2024 /PRNewswire/ -- Spirit AeroSystems [NYSE: SPR] ("Spirit") today announced it has entered into a definitive merger agreement under which The Boeing Company [NYSE: BA] ("Boeing") will acquire Spirit for $37.25 per share in Boeing common stock (subject to the collar described below).

Spirit AeroSystems Announces Acquisition by Boeing in $8.3 Billion Transaction

- Demonstrates commitment to aviation safety, improves quality for Boeing Commercial Airplanes- Leverages Boeing enterprise engineering and manufacturing capabilities - Maintains continuity for key U.S. defense and national security programs- Supports supply chain stability and critical manufacturing workforce- Provides long-term value for commercial and defense customers, employees and shareholders ARLINGTON, Va. , July 1, 2024 /PRNewswire/ -- Boeing [NYSE: BA] today announced it has entered into a definitive agreement to acquire Spirit AeroSystems [NYSE: SPR].

Boeing to Acquire Spirit AeroSystems

Boeing is buying back Spirit Aero, a manufacturer of parts for its 737 and 787 planes, per Reuters. The $4.7 billion all-stock deal is set to be officially announced Monday, the outlet reported.

Boeing to purchase Spirit Aero in $4.7 billion all-stock deal: report

Boeing agreed on Sunday to acquire Spirit Aerosystems for $37.25 per share, in an all-stock deal that values the supplier at more than $4 billion, according to two sources familiar with the matter.

Exclusive: Boeing agrees deal to buy Spirit Aero for $37.25 per share - sources

European planemaker Airbus is poised to take over all or part of the operations of four Spirit AeroSystems plants as part of an impending deal involving rival Boeing , Reuters reported on Tuesday, citing industry sources.

Spirit Aero's plants in focus as Boeing, Airbus near deal to carve up supplier

Boeing stock falls on details about its deal for supplier Spirit AeroSystems. Analysts see opportunity for FTAI Aviation amid 104% rally.

Boeing, Spirit AeroSystems Deal Shines Light On This Steady Aerospace Climber

Airbus is poised to take over all or part of the operations of four Spirit AeroSystems plants as part of an impending deal that involves a carve-up of the U.S.-based aerostructures maker with Boeing , industry sources said.

Airbus eyes operations at four Spirit Aero plants, sources say

Spirit AeroSystems (SPR) shares dropped more than 3% in pre-market trading Tuesday after Bloomberg reported late Monday that Boeing (BA) changed the terms of its all-cash offer to reacquire the parts supplier for a mostly stock deal valuing the aerostructure supplier at about $35 per share.

Spirit AeroSystems Stock Slides After Boeing Reportedly Changes Offer Terms

Boeing Co (NYSE:BA, ETR:BCO) has moved to resolve its ongoing production issues with a US$4 billion bid for the parts supplier blamed for many of the problems. The jet maker has offered to buy Spirit AeroSystems in a mostly all-share deal that values the fuselage supplier at about $35 per share, Bloomberg News has reported.

Boeing closes in on deal to buy supplier Spirit for US$4b - report

SolarEdge Technologies

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 80 points on Tuesday.

Pool Lowers FY24 EPS Forecast, Joins SolarEdge Technologies, Spirit AeroSystems And Other Big Stocks Moving Lower In Tuesday'S Pre-Market Session

Dow giant Boeing will buy key supplier Spirit Aerosystems, The Wall Street Journal reported Monday night. The deal will be mostly in stock.

Boeing Will Buy Parts Supplier Spirit AeroSystems: WSJ

Boeing has offered to acquire Spirit AeroSystems Holdings Inc in a deal funded mostly by stock that values the key supplier at about $35 per share, Bloomberg News reported on Monday, citing people familiar with the matter.

Boeing bid for Spirit Aero values 737 supplier at $35 per share, Bloomberg News reports

After getting close to a more than $4 billion all-cash deal over the weekend, jet maker Boeing Co. is now proposing using stock to buy jet-parts manufacturer Spirit AeroSystems Holdings Inc., the Wall Street Journal reported on Monday.

Boeing reportedly changes up terms of offer for Spirit AeroSystems

Boeing BA 1.44%increase; green up pointing triangle has proposed funding its acquisition of partsmaker Spirit AeroSystems SPR -1.46%decrease; red down pointing triangle with stock rather than cash, according to people familiar with the matter, a last-minute twist in deal talks that comes as the jet maker burns through more than $1 billion a month.

Boeing Talks to Buy Back Spirit Aerosystems Have Last-Minute Twist

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 (SPR) Surges 6.0%: Is This an Indication of Further Gains?

First Solar

Union Pacific

Wall Street experts have reputations to protect. Therefore, whenever analyst downgrades materialize, it could send impacted investors into a foul mood.

Downgraded but Not Defeated: 3 Stocks to Buy Against the Tide

Boeing is nearing a deal to buy back Spirit AeroSystems. The key supplier and former subsidiary, is reported to have made progress with its other chief customer, Airbus, to separate the divisions that handle the Boeing rival's work.

News for Spirit AeroSystems Hlds Stock (SPR)