Spirit Aerosystems: Q4 Earnings Snapshot
WICHITA, Kan. (AP) — WICHITA, Kan. (AP) — Spirit Aerosystems Holdings Inc. (SPR) on Tuesday reported fourth-quarter earnings of $58.7 million.
The Wichita, Kansas-based company said it had profit of 52 cents per share. Earnings, adjusted for non-recurring gains, were 48 cents per share.
The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The aircraft parts maker posted revenue of $1.81 billion in the period, topping Street forecasts. Seven analysts surveyed by Zacks expected $1.74 billion.
For the year, the company reported a loss of $632.9 million, or $5.94 per share. Revenue was reported as $6.05 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPR at https://www.zacks.com/ap/SPR