SPR Jan 2025 50.000 call
| Previous close | 0.5500 |
| Open | 0.5000 |
| Bid | 0.1500 |
| Ask | 0.5500 |
| Strike | 50.00 |
| Expiry date | 2025-01-17 |
| Day's range | 0.5000 - 0.5500 |
| Contract range | N/A |
| Volume | |
| Open interest | 619 |
- Yahoo Finance Video
Boeing needs to 'think about their next airplane': Analyst
Boeing shares (BA) are still down ahead of Wednesday's session close after it reported its first-quarter earnings results this morning. Topping revenue estimates by posting $16.57 billion, the aerospace manufacturer narrowed its forecasted losses per share to $1.13. Boeing is juggling priorities as it wades through a deluge of issues brought on by concerns over its manufacturing quality and numerous federal probes. Melius Research Managing Director of Aerospace, Defense & Space Robert Spingarn joins Market Domination to lay out why Boeing is looking "a little bit more complex of a recovery story" than previously forecasted. "The two most important things are the 737 and 787 production rates. Those are the two cash cows in the commercial airplane business and they need to stabilize those aircraft programs and raise those rates to generate cash," Spingarn explains. "Then they have to improve the defense business, and that did come in a little better than expected today, so that was one of the positives. But it's still a negative cash flow business and it's got to swing to positive by 2026 in order to hit that $10 billion number." Spingarn also touches on Boeing's bid to acquire Spirit Aerosystems (SPR) For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Boeing, Spirit Aerosystems deal could be turnaround it needs
Boeing's (BA) issues continue to mount as the aerospace manufacturer grapples with shrinking orders, a growing backlog of orders it needs to fulfill, and more, according to its first-quarter earnings report. In the wake of the mid-air incident in January that sparked multiple investigations into Boeing's 737 Max jetliner by federal regulators, the company faces a PR setback from consumers and travelers unsure whether to trust its aircraft. Stifel Senior Research Analyst Bert Subin joins The Morning Brief to discuss Boeing's potential deal with Spirit Aerosystems (SPR) and how that can potentially turn things around for Boeing. "The reality is Boeing's number one issue has been sort of getting its arms around quality and a supply chain, and Spirit is a huge part of that. And there have been quality lapses in recent years," Subin tells Yahoo Finance. "And so by acquiring Spirit, you can better integrate... vertically the supply chain and give the customers and the regulators greater confidence that you're going to produce the highest quality product every time. And so from that perspective, I think it's really important for reputation and for showing an actionable step toward improving the business." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
ZacksWill Spirit Aerosystems (SPR) Report Negative Q1 Earnings? What You Should Know
Spirit Aerosystems (SPR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
