WICHITA, Kan. (AP) — WICHITA, Kan. (AP) — Spirit Aerosystems Holdings Inc. (SPR) on Tuesday reported a loss of $616.7 million in its first quarter.
On a per-share basis, the Wichita, Kansas-based company said it had a loss of $5.31. Losses, adjusted for non-recurring costs, came to $3.93 per share.
The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.
The aircraft parts maker posted revenue of $1.7 billion in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $1.73 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPR at https://www.zacks.com/ap/SPR
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