Fly Leasing Reports First Quarter 2021 Financial Results

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Fly Leasing (FLY) Misses Q1 EPS by 22c, Revenues Beat

May 13, 2021 7:07 AM UTC

Fly Leasing (NYSE: FLY) reported Q1 EPS of ($0.04), $0.22 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $80.86 million versus the consensus estimate of $75.52 million.

Highlights

Signed merger agreement to be acquired by Carlyle Aviation for $17.05 per shareTotal revenues of $80.9 millionNet loss of $3.4 million, $0.11 per... More