Final hours! Save up to 50% OFF InvestingProCLAIM SALE

BRIEF-Spirit Aerosystems holdings Q3 earnings per share $1.26

Published 2017-11-01, 08:13 a/m
© Reuters.  BRIEF-Spirit Aerosystems holdings Q3 earnings per share $1.26

Nov 1 (Reuters) - Spirit Aerosystems Holdings Inc SPR.N

* Spirit Aerosystems announces solid third quarter 2017 operating results with EPS up 9% Y/Y and cash from operations up 9% Y/Y; finalized definitive agreements with boeing; executed $194 million in share repurchases

* Q3 earnings per share $1.26

* Q3 revenue $1.7 billion versus I/B/E/S view $1.73 billion

* Q3 earnings per share view $1.26 -- Thomson Reuters I/B/E/S

* Spirit Aerosystems Holdings Inc - finalized definitive agreements with boeing to settle open commercial issues on a range of programs into 2022

* Spirit Aerosystems - backlog at end of Q3 was approximately $45 billion, with work packages on all commercial platforms in boeing and airbus backlog

* Spirit Aerosystems Holdings Inc - "for 2017 we are reaffirming our guidance"

* FY2017 earnings per share view $5.25, revenue view $6.92 billion -- Thomson Reuters I/B/E/S

* Spirit Aerosystems -Q3 revenue primarily driven by higher production deliveries on boeing 737 and 787 programs and increased defense-related activity

* Spirit Aerosystems - operating income for Q3 down slightly primarily due to lower production deliveries on boeing 777 program, lower gcs&s activity

* Spirit Aerosystems Holdings Inc qtrly revenues $1,748 million versus $1,711 million

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.