Ftai Aviation Ltd Reports Results For The Quarter Ended In June: Earnings Summary

FTAI Aviation

27/07/2023 03:05

* FTAI Aviation Ltd  FTAI.OQ  reported quarterly adjusted
earnings
of 46 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
30 cents per share.
    * Revenue rose 54.2% to $274.35 million from a year ago;
analysts
expected $283.43 million. 
    * FTAI Aviation Ltd's reported EPS for the quarter was 46
cents​.
    * The mean earnings estimate of analysts had fallen by
about 20%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * FTAI Aviation Ltd shares had risen by 5.6% this
quarter and
gained 95.3% so far this year.
    * The company reported quarterly net income of $46.42
million.
    * Wall Street's median 12-month price target for FTAI
Aviation Ltd
is $36.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 10 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:05 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.30           0.46           Beat
 Mar. 31 2023      0.41           0.22           Missed
 Dec. 31 2022      0.50           0.20           Missed
 Sep. 30 2022      0.52           -0.23          Missed