SPR Earnings Prediction
The chart below shows how SPR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SPR sees a +5.30% change in stock price 10 days leading up to the earnings, and a -1.52% change 10 days following the report. On the earnings day itself, the stock moves by -3.82%. This data can give you a slight idea of what to expect for the next quarter's release.
SPR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.70B
18.96%
-6.07%
Gross Margin
-25.58%
42533.33%
-259.18%
Operating Margin
-30.98%
399.68%
-361.21%
Net Margin
-36.21%
84.27%
-970.43%
EPS
-5.31
-98.13%
-892.54%
No Data Available
SPR Earnings Analysis
Spirit AeroSystems Holdings, Inc. Corporation (SPR.N) Earnings Conference Call
Positive
Positive Point: Demand for commercial air travel remains robust and firm, highlighting the industry's resilience and the potential for future growth. (Transcript: "Demand for commercial air travel remains robust and firm.")
- Despite challenges, Spirit AeroSystems is focused on stabilizing operations, delivering on customer commitments, and strengthening the company financially, demonstrating a commitment to overcoming obstacles and improving performance. (Transcript: "The primary objectives of stabilizing operations, delivering on our customer commitments, and strengthening our company financially have not changed.")
- Progress has been made in improving safety and quality through enhanced inspection processes and governance, showcasing a dedication to operational excellence and continuous improvement. (Transcript: "Steps to strengthen product conformity have been significant" and "We've expanded our actions to strengthen leadership, product conformity, and governance.")
- The Defense and Aftermarket teams continue to perform well both operationally and financially, indicating diverse revenue streams and strong execution in different segments of the business. (Transcript: "Defense and Aftermarket teams... are performing to their commitments operationally and financially.")
Negative
Negative: Boeing's implementation of the new product verification process on the 737 program has caused delayed delivery acceptance, leading to the buildup of undelivered units, higher levels of inventory, and lower cash flow.
Negative: Airbus's inability to reach a commercial agreement with Spirit has resulted in significant losses for anticipated performance obligations extending beyond 2026, impacting the company's financials.
Negative: Free cash flow for the quarter was $444 million, a significant increase compared to the same period in 2023, primarily due to disruption in the 737 production and delivery process.
Negative: Spirit ended the quarter with $352 million of cash, reflecting the unfavorable impacts of the disruption experienced on the 737 production and delivery process.
Negative: The Commercial segment saw a decrease in operating margin compared to the same period in 2023, driven by higher changes in estimates recorded, including net forward losses driven by assumptions on conversations with Airbus.
Negative: The Defense & Space segment showed impressive performance, but other segments like Commercial and Aftermarket faced challenges, impacting overall financial results.
