Spirit AeroSystems Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

• Spirit AeroSystems Holdings Inc SPR.N reported a quarterly adjusted loss of $3.34​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $-2.73. The mean expectation of nine analysts for the quarter was for a loss of 97 cents per share. Wall Street expected results to range from $-1.92 to -26 cents per share.

• Revenue rose 9.6% to $1.64 billion from a year ago; analysts expected $1.82 billion.

• Spirit AeroSystems Holdings Inc's reported EPS for the quarter was a loss of $5.36​.

• The company reported a quarterly loss of $631 million.

• Spirit AeroSystems Holdings Inc shares had risen by 2.2% this quarter and gained 14.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 35.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is "buy."

• Wall Street's median 12-month price target for Spirit AeroSystems Holdings Inc is $37.32, about 5.3% below its last closing price of $39.29

This summary was machine generated from LSEG data August 5 at 10:09 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)