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Boeing, Spirit Agree $425 Million Deal to Address Supplier's Issues
Yahoo Finance18:34 ET
Express News | Spirit Aerosystems Says Boing Wil Pay Advance Payment Of $425M, Co To Support Boeing's Contractual Demands
Moomoo 24/716:12 ET
Express News | Spirit AeroSystems - Until Oct 31, 2024 & Last Day of Month in Which Advances Are Fully Repaid, Spirit Must Provide Boeing Weekly Financial Info
Moomoo 24/716:09 ET
Express News | Spirit AeroSystems Holdings Inc - Moa Will Remain in Effect Until Each Party Has Discharged All Its Obligations
Moomoo 24/716:08 ET
Express News | Spirit AeroSystems Holdings Inc: Until Later of October 31 Spirit Must Provide to Boeing Specified Financial Information on a Weekly Basis
Moomoo 24/716:08 ET
Express News | Spirit AeroSystems Holdings Inc: Boeing Will Pay to Spirit as an Advance Payment of Amounts a Total of $425 Mln - SEC Filing
Moomoo 24/716:08 ET
NinaS : what you think about SPR ER tomorrow
SpyderCallOP NinaS:
They have a lot of negative e press right now that catalyzed the current downtrend. Sentiment is negative. I would assume that it is essential that they beat estimates for this earnings call. They need it. Bad earnings would only perpetuate the downtrend and negative sentiment.
I couldn't make a guess on how this company's earnings might play out. I don't follow the industry enough. But from a technical standpoint, the trend is down. And very often, I have seen earnings reports contradict the current trend of price action. But the price action would still stay within the trend. So, I am leaning towards a negative reaction after the earnings call.
Like I said, they need really good earnings to nullify all of the negative market sentiment and media narrative. Downside just seems more plausible to me at the moment.
Mr Trecherous : DEI in full swing
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