•
Dec 31, 2024
Spirit AeroSystems Q4 2024 Earnings Report
Expected Revenue:$1.94B
+11.7% YoY
Expected EPS:-$1.86
313.8% YoY
Key Takeaways
Spirit AeroSystems reported a decrease in revenue for the fourth quarter of 2024, primarily due to the impacts from the Boeing Memorandum of Agreement. The company is focused on improving operations and developing transition plans in anticipation of the acquisition by Boeing.
Revenues decreased to $1.7 billion.
EPS was $(5.38), and adjusted EPS was $(4.22).
Cash provided by operations was $137 million, with free cash flow of $91 million.
Deliveries increased twofold on the 737, 37% on the A220 and 15% on the A350 compared to the prior quarter.
Spirit AeroSystems
Spirit AeroSystems
Spirit AeroSystems Revenue by Segment
Forward Guidance
Spirit AeroSystems will not be providing guidance due to the pending merger agreement with Boeing.