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

FTAI Aviation

27/04/2023 05:01

* FTAI Aviation Ltd  FTAI.OQ  reported quarterly adjusted
earnings
of 22 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 41 cents per share.
    * Revenue rose 112.4% to $292.72 million from a year ago;
analysts
expected $247.66 million. 
    * FTAI Aviation Ltd's reported EPS for the quarter was 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * FTAI Aviation Ltd shares had fallen by 3.6% this
quarter and
gained 57.4% so far this year.
    * The company reported quarterly net income of $22.61
million.
    * Wall Street's median 12-month price target for FTAI
Aviation Ltd
is $31.00 
    * 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
April 27 at 04:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.41           0.22           Missed
 Dec. 31 2022      0.50           0.20           Missed
 Sep. 30 2022      0.52           -0.23          Missed
 Jun. 30 2022      0.15           0.11           Missed