Spirit AeroSystems (SPR) Reports In-Line Q4 EPS; Raises Outlook

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Spirit AeroSystems Holdings, Inc. Meets Guidance in 2016; Issues Increased 2017 Guidance for Revenue, EPS, and Cash

February 1, 2017 7:30 AM EST

WICHITA, Kan., Feb. 1, 2017 /PRNewswire/ --

Meets Guidance for Revenue, EPS, and Cash Issues Increased 2017 Guidance; Free Cash Flow* at $450 - $500 Million, or ~7% of Revenue Completed $650 Million in Share Repurchases during 2016 and Initiated Quarterly Dividend of $0.10 per Share

Fourth Quarter 2016 Results

Revenue of $1.6 billion EPS of $0.89, including charges for severe weather event and voluntary retirement program ($0.14) Free cash flow* of $45 million

Full-Year 2016 Results

Revenue of $6.8 billion, up 2% year-over-year EPS of $3.70, Adjusted EPS* of... More