Fly Leasing Reports First Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
Fly Leasing (FLY) Misses Q1 EPS by 3c, Revenues Beat
May 8, 2020 7:11 AM EDTFly Leasing (NYSE: FLY) reported Q1 EPS of $1.42, $0.03 worse than the analyst estimate of $1.45. Revenue for the quarter came in at $121.56 million versus the consensus estimate of $120.52 million.
Highlights
Net income of $38.1 million, $1.24 per shareAdjusted Net Income of $43.6 million, $1.42 per shareReturn on equity of 17.2%, Adjusted return on equity of 19.7%Sold six aircraft and two engines for a gain of $31.7 million, a 20% premium to... More