Spirit AeroSystems Reports Third Quarter 2021 Results

Spirit AeroSystems Reports Third Quarter 2021 Results

Spirit AeroSystems Reports Third Quarter 2021 Results

  • Delivered 250 shipsets, compared to 206 in Q3 2020; delivered 47 737 shipsets in Q3 2021 compared to 15 in Q3 2020
  • Revenue of $980 million in Q3 2021, compared to $806 million in Q3 2020
  • Cash guidance unchanged: full-year 2021 cash used in operations is expected to be between $(50) to $(150) million; full-year 2021 free cash flow* is expected to be between $(200) and $(300) million
  • EPS of $(1.09) in Q3 2021 compared to $(1.50) in Q3 2020
  • Established business divisions to focus on key growth markets: Commercial, Defense & Space, and Aftermarket; Segment reporting change beginning Q4 2021

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