Spirit AeroSystems Q3 2024 Adj. EPS $(3.03) Misses $(0.37) Estimate, Sales $1.471B Miss $1.697B Estimate
Portfolio Pulse from Benzinga Newsdesk
Spirit AeroSystems reported a significant miss in its Q3 2024 earnings, with an adjusted EPS of $(3.03) compared to the expected $(0.37). Sales also fell short of expectations, coming in at $1.471 billion versus the $1.697 billion estimate.
October 24, 2024 | 6:56 am
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Spirit AeroSystems reported a Q3 2024 adjusted EPS of $(3.03), significantly missing the $(0.37) estimate. Sales were $1.471 billion, below the $1.697 billion estimate.
The significant miss in both EPS and sales compared to analyst estimates is likely to negatively impact Spirit AeroSystems' stock price in the short term. The EPS miss was particularly large, indicating potential operational or market challenges.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100