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

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

Aircastle Announces Second Quarter 2017 Results

August 8, 2017 7:30 AM EDT

STAMFORD, Conn., Aug. 8, 2017 /PRNewswire/ --

Key Financial Metrics

Total revenues were $223.5 million for the second quarter of 2017, up 18% Total lease rental and finance and sales-type lease revenues were $195.0 million, up 8% Net loss was $(7.1) million, or $(0.09) per diluted common share; includes $65.7 million of net aircraft impairment charges related to freighter aircraft sales, and $5.1 million of separation and disability compensation paid to our former Chief Executive Adjusted net income was $2.4 million, or $0.03 per diluted common share Adjusted EBITDA was $224.1 million for the second quarter, up 23% Cash ROE was 12.9%; net cash... More