Spirit AeroSystems (SPR) Tops Q1 EPS by 43c, Revenues Beat

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Go back to Spirit AeroSystems (SPR) Tops Q1 EPS by 43c, Revenues Beat

Spirit AeroSystems Reports First Quarter 2020 Results

May 6, 2020 7:30 AM EDT

WICHITA, Kan., May 6, 2020 /PRNewswire/ --

First Quarter 2020 Results Driven by 737 MAX Production Suspension & COVID-19

Delivered 324 shipsets compared to 453 shipsets in the first quarter of 2019 Revenue of $1.1 billion Earnings per share (EPS) of $(1.57); Adjusted EPS* of $(0.79) Cash from operations of $(331) million; Free cash flow* of $(362) million

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Took actions to preserve the health and safety of workforce including processes aligned with CDC guidelines to work with any exposed individual on the necessary quarantine period and the process to return to... More