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Spirit AeroSystems Holdings Inc (SPR.N)

SPR.N on New York Stock Exchange

54.66USD
26 May 2017
Change (% chg)

$-0.09 (-0.16%)
Prev Close
$54.75
Open
$54.71
Day's High
$54.98
Day's Low
$54.63
Volume
98,179
Avg. Vol
238,334
52-wk High
$62.81
52-wk Low
$41.28

Latest Key Developments (Source: Significant Developments)

Spirit Aero says pricing negotiations with Boeing taking longer-than-expected to close - Conf call
Wednesday, 3 May 2017 11:33am EDT 

May 3 (Reuters) - Spirit AeroSystems Holdings Inc :Says while pricing negotiations with Boeing have been constructive, they are taking longer-than-expected to close; says seeking a fair and equitable agreement.Says there still a gap between Boeing and Spirit Aero on the 737 side as well as the 787 side, with respect to pricing negotiations.  Full Article

Spirit Aerosystems Holdings Q1 earnings per share $1.17
Wednesday, 3 May 2017 07:30am EDT 

May 3 (Reuters) - Spirit Aerosystems Holdings Inc ::Spirit Aerosystems Holdings, Inc. Reports first quarter 2017 financial results; meets commitments; reaffirms 2017 guidance.Q1 earnings per share $1.17.Q1 revenue $1.7 billion versus I/B/E/S view $1.67 billion.Q1 earnings per share view $1.17 -- Thomson Reuters I/B/E/S.Spirit Aerosystems Holdings Inc- spirit's backlog at end of q1 of 2017 was approximately $46 billion.Spirit Aerosystems Holdings Inc sees 2017 revenue $6.8 - $6.9 billion.Spirit Aerosystems Holdings Inc sees 2017 free cash flow $450 million - $500 million.Sees 2017 earnings per share $4.60 - $4.85.Fy2017 earnings per share view $4.81, revenue view $6.87 billion -- Thomson Reuters I/B/E/S.  Full Article

SPIRIT AEROSYSTEMS HOLDINGS SETS REGULAR QUARTERLY DIVIDEND OF $0.10 PER SHARE
Wednesday, 26 Apr 2017 01:06pm EDT 

April 26 (Reuters) - Spirit Aerosystems Holdings Inc ::SETS REGULAR QUARTERLY DIVIDEND OF $0.10 PER SHARE.  Full Article

Spirit Aerosystems Holdings says CEO Thomas Gentile III's 2016 compensation was $6.2 mln
Friday, 24 Mar 2017 05:46pm EDT 

Spirit Aerosystems Holdings Inc : CEO Thomas Gentile III's 2016 total compensation was $6.2 million - SEC filing . Former CEO Larry Lawson's FY 2016 total compensation was $31.1 million versus $10.4 million in FY 2015 . Former CEO Larry Lawson's FY 2016 total compensation includes $25.3 million of stock awards .CFO Sanjay Kapoor's 2016 total compensation was $4.4 million versus $2.3 million in 2015.  Full Article

AeroSpace Technology of Korea signs 26.84 bln won contract with Spirit Aerosystems
Sunday, 12 Mar 2017 10:49pm EDT 

AeroSpace Technology of Korea Inc <067390.KQ> :Says it signed 26.84 billion won contract with Spirit Aerosystems to provide sheet metal and module.  Full Article

Spirit Aero says ongoing negotiations with Boeing are "constructive" - Conf call
Wednesday, 1 Feb 2017 12:01pm EST 

Spirit AeroSystems Holdings: With respect to ongoing negotiations with Boeing, "coversations are constructive" - Conf call Further company coverage: [SPR.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Spirit Aerosystems reports Q4 EPS $0.89
Wednesday, 1 Feb 2017 07:30am EST 

Spirit Aerosystems Holdings Inc : Meets guidance in 2016; issues increased 2017 guidance for revenue, EPS, and cash . Q4 earnings per share $0.89 . Q4 earnings per share view $1.03 -- Thomson Reuters I/B/E/S . Q4 revenue $1.6 billion versus I/B/E/S view $1.6 billion . Sees 2017 revenue $6.8 - $6.9 billion . Sees 2017 eps $4.60 - $4.85 . Backlog at end of Q4 of 2016 was approximately $47 billion, with work packages on all commercial platforms in Boeing and Airbus backlog . Sees 2017 free cash flow $450 - $500 million . Sees 2017 free cash flow at $450 - $500 million . Due to uncertainty from presidential election, limited trading window, remain committed to disciplined approach to capital deployment .Hurricane Matthew resulted in higher abnormal operating costs of $12.1 million in Q4, equivalent to approximately $0.07 of EPS.  Full Article

Spirit Aerosystems sees 2016 EPS of $3.45-$3.65
Wednesday, 3 Aug 2016 07:30am EDT 

Spirit Aerosystems Holdings Inc : Sees FY 2016 earnings per share $3.45 to $3.65 . Q2 revenue $1.8 billion versus i/b/e/s view $1.69 billion . Q2 earnings per share view $1.06 -- Thomson Reuters I/B/E/S . Spirit Aerosystems Holdings Inc reports second quarter 2016 financial results following comprehensive agreement with airbus; revenue of $1.8 billion, fully diluted EPS of $0.35 (adjusted EPS of $1.21., up 11% y/y), and free cash flow of . Sees FY 2016 revenue $6.6 billion to $6.7 billion . Q2 earnings per share $0.35 . FY2016 earnings per share view $4.49, revenue view $6.68 billion -- Thomson Reuters I/B/E/S . Sees FY 2016 adjusted earnings per share $4.30 - $4.50 . Spirit's backlog at end of Q2 of 2016 was approximately $47 billion . Due to agreement with Airbus, Spirit extended block to 800 shipsets and recorded additional net forward-loss of $135.7 million in Q2 .Increasing FY free cash flow guidance to a new range of $350 - $400 million.  Full Article

Spirit Aerosystems enters $1.15 bln amended credit agreement
Friday, 10 Jun 2016 12:09pm EDT 

Spirit Aerosystems Holdings Inc : Entered into a $1.15 billion senior unsecured amended and restated credit agreement . Credit agreement refinances and replaces credit agreement dated as of April 18, 2012 . Each of revolver and term loan matures June 4, 2021 - SEC filing .Credit agreement consists of $650 million revolving credit facility and $500 million term loan A facility.  Full Article

Spirit AeroSystems says commences offer for outstanding 6 3/4% senior notes due 2020
Tuesday, 24 May 2016 09:15am EDT 

Spirit AeroSystems Holdings - : Spirit AeroSystems Holdings says its unit commenced an offer to purchase $300 million outstanding principal amount of its 6 3/4% senior notes due 2020 .Spirit AeroSystems Inc. commences cash tender offer for any and all of its outstanding 6 3/4% senior notes due 2020.  Full Article

More From Around the Web

Spirit Aero's shares sink as pricing talks with Boeing drag on

Aircraft parts maker Spirit AeroSystems Holdings Inc's shares slumped on Wednesday after the company said it was taking "longer than expected" to agree on prices with its biggest customer, Boeing Co , which analysts said may create uncertainty over its cash flow growth.