Spirit Aerosystems: Q2 Earnings Snapshot

Spirit Aerosystems: Q2 Earnings Snapshot

Summary :

The Wichita, Kansas-based company said it had a loss of $1.17 per share. Losses, adjusted for non-recurring gains, came to $1.21 per share. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share. Access a Zacks stock report on SPR at https://www.zacks.com/ap/SPR

WICHITA, Kan. (AP) _ Spirit Aerosystems Holdings Inc. (SPR) on Wednesday reported a loss of $122.2 million in its second quarter.

The Wichita, Kansas-based company said it had a loss of $1.17 per share. Losses, adjusted for non-recurring gains, came to $1.21 per share.The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share. The aircraft parts maker posted revenue of $1.26 billion in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.25 billion. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPR at https://www.zacks.com/ap/SPR