Spirit AeroSystems (SPR) Q2 Loss Widens, Revenues Rise Y/Y
Spirit AeroSystems(SPR) ZACKS·2024-08-07 20:16
Spirit AeroSystems Holdings, Inc. (SPR) reported a second-quarter 2024 adjusted loss of $2.73 per share, which came in much wider than the Zacks Consensus Estimate of a loss of 98 cents per share. The loss also widened from the year-ago quarter's reported loss of $1.46 per share. Barring one-time adjustments, Spirit AeroSystems recorded a GAAP loss of $3.56 per share compared with a loss of $1.96 in the prior-year period. The year-over-year deterioration in the bottom line can be attributed to a higher oper ...