Spirit Aerosystems Holdings shares are trading lower after the company reported Q1 financial results. The company said it will not provide guidance until there is further clarity on acquisition discussions with Boeing, 737 MAX production and delivery timing and commercial negotiations with Airbus.
Portfolio Pulse from Benzinga Newsdesk
Spirit Aerosystems Holdings' shares dropped following their Q1 financial results announcement. The company has withheld guidance due to uncertainties surrounding Boeing acquisition talks, 737 MAX production, and Airbus negotiations.
May 07, 2024 | 12:25 pm
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Spirit Aerosystems Holdings' stock price fell after announcing Q1 results and pausing future guidance due to uncertainties with Boeing and Airbus.
The drop in SPR's stock price is directly linked to the announcement of Q1 financial results and the decision to withhold future guidance. This decision is due to ongoing uncertainties with major partners Boeing and Airbus, which could impact future earnings and production schedules.
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