|Bid||18.06 x 1200|
|Ask||18.23 x 1000|
|Day's range||17.72 - 18.80|
|52-week range||13.69 - 92.81|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||N/A|
|Earnings date||03 Nov 2020|
|Forward dividend & yield||0.04 (0.22%)|
|Ex-dividend date||11 Dec 2020|
|1y target est||21.89|
Spirit AeroSystems (SPR) had earlier anticipated to incur incremental forward losses on the 787 program in the third quarter, which is likely to have negatively impacted its quarterly earnings.
Spirit AeroSystems (NYSE: SPR) has reworked its deal to buy the aerostructures business of Bombardier (OTC: BDRAF) (OTC: BDRBF), finding a way to get the deal done despite significant COVID-19 headwinds. The agreement allows Spirit to salvage at least part of its grand plan to diversify away from former parent Boeing (NYSE: BA), which should be a long-term positive for the company. In October 2019, Spirit announced plans to buy the aerostructures business of Bombardier for $1.09 billion, including $500 million in cash and $590 million in assumed liabilities.
Spirit Aerosystems (SPR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.