Spirit AeroSystems (SPR) Misses Q4 EPS by 86c
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Spirit AeroSystems Reports 2019 Results
February 28, 2020 7:30 AM ESTWICHITA, Kan., Feb. 28, 2020 /PRNewswire/ --
Fourth Quarter 2019
Revenue of $2.0 billion Earnings per share (EPS) of $0.65; Adjusted EPS* of $0.79 Cash from operations of $204 million; Adjusted free cash flow* of $102 million Announcement by Boeing to decrease 787 production rate to 10 aircraft per month resulted in $34 million forward loss due to fixed cost absorptionFull-Year 2019
Revenue of $7.9 billion EPS of $5.06; Adjusted EPS* of $5.54 Cash from operations of $923 million; Adjusted free cash flow* of $723 million Third and fourth quarter announcements by Boeing to decrease... More