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Spirit AeroSystems Q3 2023 Earnings Report

Spirit AeroSystems logo
$33.26 +0.09 (+0.27%)
(As of 12/20/2024 05:16 PM ET)

Spirit AeroSystems EPS Results

Actual EPS
-$1.42
Consensus EPS
-$1.56
Beat/Miss
Beat by +$0.14
One Year Ago EPS
-$0.15

Spirit AeroSystems Revenue Results

Actual Revenue
$1.44 billion
Expected Revenue
$1.46 billion
Beat/Miss
Missed by -$22.77 million
YoY Revenue Growth
+12.70%

Spirit AeroSystems Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

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Spirit AeroSystems Earnings Headlines

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About Spirit AeroSystems

Spirit AeroSystems (NYSE:SPR) engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems. This segment primarily serves commercial and business/regional jet programs. The Defense & Space segment engages in the fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training on fuselage, strut, nacelle, and wing aerostructures; provision of missiles and hypersonics solutions, such as solid rocket motor throats, nozzles, re-entry vehicle thermal protections systems; forward cockpit and cabin, and fuselage work on rotorcraft aerostructures; and classified programs. This segment primarily serves U.S. Government defense programs. The Aftermarket segment provides maintenance, repair, and overhaul services; fuselage, strut, nacelle, and wing aerostructures spare parts; repair services for radome, flight control surfaces, and nacelles; rotable assets trading and leasing; and engineering services. This segment primarily serves both commercial and defense and space programs. The company was formerly known as Mid-Western Aircraft Systems Holdings, Inc. Spirit AeroSystems Holdings, Inc. was founded in 1927 and is headquartered in Wichita, Kansas.

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