Will Spirit Aerosystems (SPR) Report Negative Q2 Earnings? What You Should Know

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Spirit Aerosystems, driven by higher revenues, but actual results compared to estimates will significantly influence stock price movements [1][2]. Financial Expectations - Spirit Aerosystems is projected to report a quarterly loss of $0.52 per share, reflecting an 81% improvement year-over-year. Revenues are expected to reach $1.82 billion, marking a 22.1% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 8.82% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%. The stock currently holds a Zacks Rank of 4, complicating predictions for an earnings beat [12][13]. Historical Performance - Spirit Aerosystems has not surpassed consensus EPS estimates in the last four quarters, with a significant negative surprise of -272.81% in the most recent quarter [14][15]. Conclusion - The company does not appear to be a strong candidate for an earnings beat, and investors should consider additional factors when evaluating the stock ahead of the earnings release [18].