Spirit AeroSystems Holdings (SPR) to Release Earnings on Friday
Spirit AeroSystems Holdings (NYSE:SPR) is set to release its Q313 earnings data on Friday, November 1st. Analysts expect Spirit AeroSystems Holdings to post earnings of $0.60 per share and revenue of $1.51 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Spirit AeroSystems Holdings (NYSE:SPR) last issued its quarterly earnings data on Monday, August 12th. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.22. The company had revenue of $1.52 million for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, analysts expect Spirit AeroSystems Holdings to post $0.35 EPS for the current fiscal year and $2.59 EPS for the next fiscal year.
Spirit AeroSystems Holdings (NYSE:SPR) opened at 26.57 on Thursday. Spirit AeroSystems Holdings has a 52 week low of $13.96 and a 52 week high of $26.71. The stock’s 50-day moving average is $24.73 and its 200-day moving average is $22.91. The company’s market cap is $3.843 billion.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Spirit AeroSystems Holdings in a research note to investors on Wednesday, October 9th. They set a “hold” rating and a $26.00 price target on the stock. On the ratings front, analysts at Deutsche Bank raised their price target on shares of Spirit AeroSystems Holdings from $22.00 to $24.00 in a research note to investors on Wednesday, October 9th. They now have a “hold” rating on the stock. Finally, analysts at Standpoint Research upgraded shares of Spirit AeroSystems Holdings from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, September 24th. They now have a $30.00 price target on the stock. Thirteen analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Spirit AeroSystems Holdings presently has a consensus rating of “Hold” and a consensus target price of $24.54.
Spirit AeroSystems Holdings, Inc (NYSE:SPR) is an independent non- original equipment manufacturer (OEM) aircraft parts designers and manufacturers of commercial aerostructures.
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