Spirit Aerosystems: Q4 Earnings Snapshot

Associated Press Finance
01 Mar

WICHITA, Kan. (AP) — WICHITA, Kan. (AP) — Spirit Aerosystems Holdings Inc. (SPR) on Friday reported a loss of $630.9 million in its fourth quarter.

The Wichita, Kansas-based company said it had a loss of $5.38 per share. Losses, adjusted for non-recurring costs, came to $4.22 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.86 per share.

The aircraft parts maker posted revenue of $1.65 billion in the period.

For the year, the company reported a loss of $2.14 billion, or $18.32 per share. Revenue was reported as $6.32 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

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