Spirit AeroSystems Holdings (SPR) to Release Earnings on Friday
Spirit AeroSystems Holdings (NYSE:SPR) will be posting its quarterly earnings results on Friday, May 2nd. Spirit AeroSystems Holdings has set its FY14 guidance at $2.50-2.65 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.
Spirit AeroSystems Holdings (NYSE:SPR) last issued its quarterly earnings data on Thursday, February 6th. The company reported ($4.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by $4.80. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, analysts expect Spirit AeroSystems Holdings to post $2.60 EPS for the current fiscal year and $2.83 EPS for the next fiscal year.
Spirit AeroSystems Holdings (NYSE:SPR) opened at 30.03 on Thursday. Spirit AeroSystems Holdings has a 1-year low of $20.00 and a 1-year high of $35.89. The stock’s 50-day moving average is $28.32 and its 200-day moving average is $30.13. The company’s market cap is $4.349 billion.
A number of research firms have recently commented on SPR. Analysts at Buckingham Research downgraded shares of Spirit AeroSystems Holdings from a “neutral” rating to an “underperform” rating in a research note on Tuesday, March 25th. They now have a $21.00 price target on the stock, down previously from $26.00. On the ratings front, analysts at Goldman Sachs cut their price target on shares of Spirit AeroSystems Holdings from $30.00 to $28.00 in a research note on Friday, March 21st. Finally, analysts at Zacks downgraded shares of Spirit AeroSystems Holdings from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 4th. They now have a $31.80 price target on the stock. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company’s stock. Spirit AeroSystems Holdings has a consensus rating of “Hold” and a consensus price target of $29.05.
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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