NYSE$SPR
Spirit AeroSystems Holdings Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Spirit AeroSystems reported a net loss and engaged in discussions with Boeing regarding a potential acquisition.
Spirit AeroSystems reported a revenue of $1.7 billion for the first quarter of 2024. The company experienced a net loss of $617 million, or $(5.31) per share, and an adjusted EPS of $(3.93). Cash used in operations was $416 million, with free cash flow usage of $444 million. The company is currently in discussions with Boeing on a possible acquisition.
- Revenues reached $1.7 billion.
- EPS was $(5.31), with adjusted EPS at $(3.93).
- Cash used in operations amounted to $416 million, and free cash flow usage was $444 million.
- Discussions with Boeing are ongoing regarding a potential acquisition of Spirit AeroSystems.
Headline financials
Revenue & EPS history
Spirit AeroSystems · Revenue · Quarterly
$1.7B
Revenue by segment
Spirit AeroSystems · $1.23B total across 2 segments · Q3 2023
- Commercial$1.14B—92.2%
- Aftermarket$96.8M—7.8%
Forward guidance
Spirit will not be providing guidance until there is further clarity on the acquisition discussions with Boeing, 737 MAX delivery and production timing, as well as ongoing commercial negotiations with Airbus.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q1 2024
-0.4%
Avg return
Earnings day
-2.4%
Avg return
5 days after
-1.9%
Avg return
30 days after
52%
35 / 67 earnings
Positive
+18.0%
Q2 2017
Best reaction
-28.9%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +0.7% | -1.8% | -1.1% | |
| Q2 2025 | +0.5% | +0.6% | +3.9% | |
| Q1 2025 | +0.7% | +2.1% | +4.2% | |
| Q4 2024 | +1.3% | -2.1% | +2.1% | |
| Q3 2024 | -3.3% | -4.1% | -0.9% | |
| Q2 2024 | -2.5% | -1.5% | -1.7% | |
| Q1 2024 | -6.4% | -6.8% | -7.8% | |
| Q4 2023 | +6.1% | +8.6% | +33.6% | |
| Q3 2023 | +11.9% | +8.9% | +21.7% | |
| Q2 2023 | -28.9% | -26.2% | -32.0% | |
| Q1 2023 | -17.9% | -18.4% | -5.2% | |
| Q4 2022 | +6.8% | +0.8% | -6.7% | |
| Q3 2022 | -0.8% | +16.3% | +16.3% | |
| Q2 2022 | -10.6% | -10.1% | -15.5% | |
| Q1 2022 | -12.4% | -25.8% | -23.7% | |
| Q4 2021 | +3.0% | +9.0% | -7.1% | |
| Q3 2021 | -5.3% | +9.2% | -12.2% | |
| Q2 2021 | -5.0% | — | — | |
| Q1 2021 | -2.8% | — | — | |
| Q4 2020 | +4.0% | — | — | |
| Q3 2020 | +4.9% | — | — | |
| Q2 2020 | +6.9% | — | — | |
| Q1 2020 | -0.2% | — | — | |
| Q4 2019 | -5.5% | — | — | |
| Q3 2019 | +5.2% | — | — | |
| Q2 2019 | -0.6% | — | — | |
| Q1 2019 | +0.3% | — | — | |
| Q4 2018 | +6.9% | — | — | |
| Q3 2018 | +5.6% | — | — | |
| Q2 2018 | -7.4% | — | — | |
| Q1 2018 | +3.6% | — | — | |
| Q4 2017 | -14.0% | — | — | |
| Q3 2017 | +3.1% | — | — | |
| Q2 2017 | +18.0% | — | — | |
| Q1 2017 | -7.4% | — | — | |
| Q4 2016 | -8.9% | — | — | |
| Q3 2016 | +6.2% | — | — | |
| Q2 2016 | +2.9% | — | — | |
| Q1 2016 | -3.6% | — | — | |
| Q4 2015 | +8.7% | — | — | |
| Q3 2015 | +3.6% | — | — | |
| Q2 2015 | +5.5% | — | — | |
| Q1 2015 | -2.0% | — | — | |
| Q4 2014 | +3.5% | — | — | |
| Q3 2014 | +5.7% | — | — | |
| Q2 2014 | +13.5% | — | — | |
| Q1 2014 | +9.9% | — | — | |
| Q4 2013 | -17.9% | — | — | |
| Q3 2013 | +9.3% | — | — | |
| Q2 2013 | +0.1% | — | — | |
| Q1 2013 | +3.9% | — | — | |
| Q4 2012 | +4.4% | — | — | |
| Q3 2012 | -2.1% | — | — | |
| Q2 2012 | +5.4% | — | — | |
| Q1 2012 | -3.0% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2011 | -0.8% | — | — | |
| Q2 2011 | -16.8% | — | — | |
| Q1 2010 | -1.1% | — | — | |
| Q1 2011 | -1.1% | — | — | |
| Q4 2008 | -3.2% | — | — | |
| Q2 2010 | -3.2% | — | — | |
| Q4 2010 | -3.2% | — | — | |
| Q3 2010 | +0.7% | — | — | |
| Q3 2009 | +0.7% | — | — | |
| Q2 2009 | -0.6% | — | — | |
| Q4 2009 | -0.6% | — | — |
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