Spirit AeroSystems plunges 27% after bleak cash-flow outlook shocks investors

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Spirit AeroSystems (SPR) plunges on Q2 earnings miss

August 2, 2023 1:33 PM EDT

Spirit AeroSystems (NYSE: SPR) plunged Wednesday after its second-quarter earnings estimates missed analyst consensus expectations

The aerostructures manufacturer reported a loss per share of $1.46, $0.78 worse than the analyst estimate of a loss of $0.68 per share. Revenue for the quarter came in at $1.4 billion versus the... More