Fly Leasing Reports Third Quarter 2019 Financial Results
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Fly Leasing (FLY) Tops Q3 EPS by 2c
November 8, 2019 7:09 AM ESTFly Leasing (NYSE: FLY) reported Q3 EPS of $1.93, $0.02 better than the analyst estimate of $1.91. Revenue for the quarter came in at $139.03 million versus the consensus estimate of $148.21 million.
Highlights
Net income of $51.7 million, $1.67 per shareAdjusted Net Income of $59.8 million, $1.93 per shareReturn on equity of 26.6%, Adjusted Return on Equity of 30.8%Sold eight aircraft for a gain of $38.9 million, a 17% premium to... More