Why Spirit AeroSystems (SPR) Stock Is Spiking Today

NEW YORK (TheStreet) -- Shares of Spirit AeroSystems Holdings  (SPR) are spiking, up 9.7% to $35.73 today, after reporting second quarter 2014 financial results that showed net income of $143.4 million, or $1.01 per share, compared with a loss of -$209.4 million, or -$1.47 per share, one year ago.

The aircraft parts company's second quarter 2014 revenue was 19% higher at $1.8 billion, up from $1.5 billion for the same period of 2013, helped by higher deliveries.

If you liked this article you might like

Boeing Reaches Supplier Deal with Spirit Aerosystems

Elliott's Arconic Settlement Gives Activists Measure of Control in CEO Search Process

ISS Gives Boost to Elliott Management's Arconic Board Shake Up Effort

Elliott Management's Arconic Director-Battle Bolstered By Influential Advisory Firm

Elliott Alleges Arconic Bought Votes Ahead of Director Fight