Thursday, Spirit AeroSystems Holdings Inc. (SPR) said its fourth-quarter net income increased to $50 million or $0.36 per share from $20 per share $0.14 per share in the prior year period. On average, 17 analysts polled by Thomson Reuters expected the company to report earnings of $0.54 per share for the quarter.
Revenues for the quarter rose 67% to $1.07 billion from $646 million in the comparable period. Twelve analysts estimate revenues of $1.13 billion for the quarter.
Spirit earnings per share guidance for 2010 are expected to be between $1.50 and $1.70 on revenue guidance of $4.0 billion - $4.2 billion. Sixteen analysts estimate earnings of $1.87 per share and fifteen analysts estimate revenues of $4.14 billion for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.