Spirit AeroSystems (SPR) Tops Q2 EPS by 41c
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Spirit AeroSystems Reports Second Quarter 2021 Results
August 4, 2021 7:30 AM EDTDelivered 243 shipsets, compared to 159 in Q2 2020; delivered 35 737 shipsets in Q2 2021 compared to 19 in Q2 2020 and 29 in Q1 2021 Revenue of $1 billion in Q2 2021, compared to $645 million in Q2 2020 and $901 million in Q1 2021 Cash used in operations improved by $200 million from Q2 2020 and $142 million from Q1 2021 Cash guidance unchanged: full-year 2021 cash used in operations is expected to be between $(50) to $(150) million; full-year 2021 free cash flow* is expected to be between $(200) and $(300) million EPS of $(1.30) in Q2 2021 compared to $(2.46) in Q2 2020; Adjusted EPS* of $(0.31) in Q2 2021 compared to $(2.28) in Q2 2020
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