Spirit Aerosystems Holdings, Inc. (NYSE:SPR) is reporting second quarter financial results on Tuesday 4th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, SPR is expected to report 2Q20 loss of $ 1.32 per share from revenue of $ 870.97 million.
For the full year, analysts anticipate top line of $ 3788.70 million, while looking forward to loss of $ 2.76 per share bottom line.
Previous Quarter Performance
Spirit Aerosystems Holdings, Inc. revealed loss for the first quarter of $ 0.79 per share, from the revenue of $ 1,077.00 million. The quarterly revenues declined 45.27 percent compared with the same quarter last year. The consensus estimates are loss of $ 1.22 per share from $ 1037.28 million in revenue. The bottom line results beat street analysts by $ 0.43 or 35.25 percent, at the same time, top line results outshined analysts by $ 39.72 million or 3.83 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Spirit Aerosystems Holdings, Inc.
Stock Performance
According to the previous trading day, closing price of SPR was $ 19.45, representing a 42.07 % increase from the 52 week low of $ 13.69 and a 79.04 % decrease over the 52 week high of $ 92.81.
The company has a market capital of $ 2.05 billion and is part of the Industrials sector and Aerospace & Defense industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”SPR” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 15th July 2020, maintained by SunTrust Robinson Humphrey at Sell rating, with $ 12.00 target price.
- On 8th July 2020, downgraded by Bernstein to Market Perform from Outperform rating, with $ 26.00 target price.
- On 26th June 2020, initiated by RBC Capital at Outperform rating, with $ 31.00 target price.
- On 23rd June 2020, downgraded by Berenberg Bank to Hold from Buy rating.
Conference Call
Spirit Aerosystems Holdings, Inc. will be hosting a conference call at 11:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.spiritaero.com
Spirit AeroSystems Holdings, Inc. designs, manufactures, and supplies commercial aero structures in the United States and internationally. The company operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems.
