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Director Pleads Guilty to Fraud Over Fake Plane Parts Sales
Insurance Journal· 2025-12-02 06:10
The director of a company at the center of a probe into the sale of counterfeit plane parts pleaded guilty to a charge of fraudulent trading.AOG Technics Ltd.’s director, Jose Alejandro Zamora Yrala, appeared at Southwark Crown Court on Monday wearing a blue suit and tie, speaking only to confirm his name and enter his plea. He was charged by the Serious Fraud Office earlier this year. A sentencing hearing has been scheduled for February 23. The fraudulent trading charge carries a maximum sentence of 10 yea ...
TransDigm forecasts 2026 profit above estimates on strong aftermarket parts demand
Reuters· 2025-11-12 13:05
Core Insights - TransDigm Group forecasts 2026 profit exceeding Wall Street estimates following a stronger-than-expected profit in the fourth quarter driven by robust demand for its aftermarket parts [1] Financial Performance - The company reported a better-than-expected profit for the fourth quarter, indicating strong operational performance [1] - The forecast for 2026 profit suggests positive growth expectations and confidence in future demand [1] Market Demand - There is strong demand for TransDigm's aftermarket parts, which is a key driver of the company's financial performance [1]
Will Spirit Aerosystems (SPR) Report Negative Q2 Earnings? What You Should Know
ZACKS· 2025-07-28 15:01
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].