Spirit AeroSystems (SPR) Projected to Post Quarterly Earnings on Tuesday

Spirit AeroSystems (NYSE:SPR) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of ($1.98) per share and revenue of $1.74 billion for the quarter.

Spirit AeroSystems (NYSE:SPR) last released its quarterly earnings data on Friday, February 28th. The aerospace company reported ($4.22) EPS for the quarter, missing analysts’ consensus estimates of ($1.86) by ($2.36). The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.94 billion. On average, analysts expect Spirit AeroSystems to post $-12 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Spirit AeroSystems Stock Up 2.6 %

SPR opened at $35.79 on Tuesday. The company’s 50-day moving average price is $33.63 and its 200 day moving average price is $33.25. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of -2.88 and a beta of 1.41. Spirit AeroSystems has a fifty-two week low of $27.00 and a fifty-two week high of $37.08.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SPR. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $37.25 target price on shares of Spirit AeroSystems in a research report on Tuesday, February 11th. StockNews.com assumed coverage on Spirit AeroSystems in a research note on Saturday, March 8th. They issued a “hold” rating on the stock. Fourteen investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $36.56.

Spirit AeroSystems Company Profile

Spirit AeroSystems Holdings, Inc engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems.