Spirit Aerosystems Holdings Inc (NYSE: SPR) has reported E.P.S. of $-3.56 for its second fiscal quarter (ending June 30) versus $-1.96 for the same period a year ago. Relative to the consensus estimate of $-0.86, this was a shortfall of $-2.70. For the latest four quarters through June 30, E.P.S. were $-10.13 compared to $-8.18 a year ago.
Recent Price Action
Spirit Aerosystems Holdings Inc (NYSE: SPR) stock closed at $33.55 on 8/5/24 after a decline of -2.2%. However, this decline was accompanied by below average trading volume at 70% of normal. The stock has declined -5.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, SPR is expected to be a major Value Eraser.
Spirit Aerosystems Holdings is currently unrated.
Rating Review
The stock is currently unrated.
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