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.

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists