Willis Lease Finance (WLFC) Reports Q4 EPS of $0.38

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Willis Lease Finance Reports 2015 Pretax Profit Up 19.4% to $14.1 Million

March 7, 2016 5:30 PM EST

NOVATO, Calif., March 07, 2016 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC), the premier independent jet engine lessor in the commercial finance sector, today reported pretax earnings for 2015 of $14.1 million, up 19.4% from $11.8 million in 2014.  Net income for 2015 was $7.4 million, or $0.92 cents per diluted share, compared to $7.2 million, or $0.89 per diluted share the prior year. Fourth quarter 2015 net income increased to $3.0 million, or $0.38 per diluted share, compared to a loss of $0.3 million, or $0.03 per diluted share, in the same quarter a year ago. The year ago quarter was impacted by a $2.7 million non-cash... More