Spirit AeroSystems Holdings Earnings: Everything You Must Know Now

Spirit AeroSystems Holdings Inc (NYSE:SPR) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Spirit AeroSystems Holdings Inc Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 9.62% to $0.57 in the quarter versus EPS of $0.52 in the year-earlier quarter.

Revenue: Rose 13.94% to $1.44 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Spirit AeroSystems Holdings Inc reported adjusted EPS income of $0.57 per share. By that measure, the company beat the mean analyst estimate of $0.46. It beat the average revenue estimate of $1.41 billion.

Quoting Management: “Spirit is an important leader in commercial aerospace, as evidenced by our $36 billion backlog, market-leading products and technologies, and excellent track record on core programs,” said President and Chief Executive Officer Larry Lawson. “I am pleased to have the opportunity to lead Spirit.”

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