Spirit AeroSystems Q3 revenue misses estimates

Spirit Aerosystems Holdings

31/10/2025 20:26

Overview

Spirit AeroSystems Q3 revenue and adjusted loss per share missed analyst expectations

Company's operating loss increased due to higher changes in estimates charges and lower program margins on Boeing programs

Pending Boeing acquisition expected to close in Q4 2025, subject to approvals

Outlook

Spirit AeroSystems will not provide guidance due to the pending merger with Boeing

Company highlights need for additional funding to sustain operations

Merger with Boeing expected to close in Q4 2025, subject to conditions

Result Drivers

HIGHER PRODUCTION ACTIVITY - Revenue increase attributed to higher production activity on Boeing, Airbus, and Defense & Space programs

FORWARD LOSSES - Net forward losses driven by supply chain and production cost growth on Boeing and Airbus programs

LOWER PROGRAM MARGINS - Operating loss increased due to lower margins on Boeing programs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$1.59 bln
$1.94 bln (5 Analysts)
Q3 Adjusted EPS
Miss
-$4.87
-$0.62 (4 Analysts)
Q3 EPS
-$6.16
Q3 Net Income
-$724 mln
Q3 Operating Income
-$647 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy."

Wall Street's median 12-month price target for Spirit AeroSystems Holdings Inc is $40.00, about 9.2% above its October 30 closing price of $36.33

Press Release: ID:nPn8P1Gsya

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)