FBR Capital Upgrades Aircastle Limited (AYR) to Outperform

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Go back to FBR Capital Upgrades Aircastle Limited (AYR) to Outperform

Aircastle to Announce Third Quarter 2016 Earnings on November 1, 2016

November 1, 2016 10:21 AM EDT

STAMFORD, Conn., Nov. 1, 2016 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) ("Aircastle") announced today that it plans to release its third quarter financial results for the period ended September 30, 2016 on November 1, 2016 before the market opens.

In connection with the earnings release, management will host an earnings conference call on Tuesday, November 1, 2016 at 10:00 A.M. Eastern time.  A copy of the earnings release will be posted to the Investor Relations section of the Aircastle Limited website provided below. ... More

Aircastle Announces Third Quarter 2016 Results

November 1, 2016 7:30 AM EDT

STAMFORD, Conn., Nov. 1, 2016 /PRNewswire/ --

Key Financial Metrics

Total revenues were $194.7 million for the third quarter of 2016 Total lease rental and finance and sales-type lease revenues were $187.3 million Net income was $27.4 million, or $0.35 per diluted common share versus a net loss of ($14.0) million, or ($0.17) per diluted common share in the third quarter of 2015 Adjusted net income(1) was $29.7 million, or $0.38 per diluted common share versus an adjusted net loss of ($9.7) million, or ($0.12) per diluted common share in the third quarter of 2015 Adjusted EBITDA(1) was $181.1 million for the third... More