Spirit AeroSystems Reports Third Quarter 2021 Results

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Spirit AeroSystems (SPR) PT Lowered to $46 at Vertical Research Partners

November 3, 2021 1:45 PM EDT

Vertical Research Partners analyst Robert Stallard lowered the price target on Spirit AeroSystems (NYSE: SPR) to $46.00 (from $48.00) while maintaining a Hold rating.

2021 adjusted EPS estimate goes from a loss of ($2.51) to ($3.14), with 2022 moving from ($0.32) to ($1.01). "Life remains tough for Spirit, even though... More

Spirit AeroSystems (SPR) Misses Q3 EPS by 34c

November 3, 2021 7:37 AM EDT

Spirit AeroSystems (NYSE: SPR) reported Q3 EPS of ($1.13), $0.34 worse than the analyst estimate of ($0.79). Revenue for the quarter came in at $980 million versus the consensus estimate of $1.02 billion.

Outlook:

Full-year 2021 cash used in operations is expected to be between $(50) and... More