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Stephens Starts Aircastle Limited (AYR) at Underweight

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Aircastle Announces Third Quarter 2016 Results

November 1, 2016 7:30 AM EDT

STAMFORD, Conn., Nov. 1, 2016 /PRNewswire/ --

Key Financial Metrics

Total revenues were $194.7 million for the third quarter of 2016 Total lease rental and finance and sales-type lease revenues were $187.3 million Net income was $27.4 million, or $0.35 per diluted common share versus a net loss of ($14.0) million, or ($0.17) per diluted common share in the third quarter of 2015 Adjusted net income(1) was $29.7 million, or $0.38 per diluted common share versus an adjusted net loss of ($9.7) million, or ($0.12) per diluted common share in the third quarter of 2015 Adjusted EBITDA(1) was $181.1 million for the third... More