Aircastle Announces Second Quarter 2017 Results

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Aircastle Limited (AYR) PT Raised to $26 at Cowen; Remains Sidelined

August 9, 2017 7:17 AM EDT

Cowen raised its price target on Aircastle Limited (NYSE: AYR) to $26.00 (from $25.00) while maintaining a Market Perform rating. Management is targeting $950 MM in additional aircraft assets in 2017 and will remain an active seller given the demand for mid-age assets.

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Aircastle Limited (AYR) Misses Q2 EPS by 62c, Revenue Beats

August 8, 2017 7:31 AM EDT

Aircastle Limited (NYSE: AYR) reported Q2 EPS of $0.03, $0.62 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $223.5 million versus the consensus estimate of $206.17 million.

For earnings history and earnings-related data on Aircastle Limited (AYR) click here.

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