Spirit AeroSystems (SPR) to Release Quarterly Earnings on Tuesday

Spirit AeroSystems (NYSE:SPR) is projected to post its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect Spirit AeroSystems to post earnings of ($1.86) per share and revenue of $1.94 billion for the quarter.

Spirit AeroSystems Stock Performance

Shares of NYSE SPR opened at $33.88 on Friday. The stock has a fifty day moving average of $33.99 and a 200-day moving average of $33.24. The stock has a market cap of $3.96 billion, a PE ratio of -2.73 and a beta of 1.80. Spirit AeroSystems has a fifty-two week low of $28.30 and a fifty-two week high of $37.08.

Wall Street Analysts Forecast Growth

SPR has been the topic of several analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $37.25 price target on shares of Spirit AeroSystems in a research report on Tuesday, February 11th. TD Cowen raised shares of Spirit AeroSystems to a “strong-buy” rating in a report on Thursday, December 19th. Finally, StockNews.com started coverage on shares of Spirit AeroSystems in a report on Thursday. They issued a “sell” rating for the company. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $36.00.

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.