FLY Leasing Fourth Quarter and Full Year 2015 Financial Results
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Fly Leasing (FLY) Tops Q4 EPS by 72c; Approves $30M Buyback; In Talks with SEC Over Certain Accounting Practices
March 8, 2016 7:10 AM ESTFly Leasing (NYSE: FLY) reported Q4 EPS of $1.54, $0.72 better than the analyst estimate of $0.82. Revenue for the quarter came in at $139 million versus the consensus estimate of $123.7 million.
The Board of Directors has now approved a new $30 million share repurchase program. Under this program, FLY may make share repurchases from time to time in the open market or in privately negotiated transactions. The timing of repurchases under this program will depend upon a... More
