Aircastle Limited (AYR) Tops Q2 EPS by 13c

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Go back to Aircastle Limited (AYR) Tops Q2 EPS by 13c

Aircastle Announces Second Quarter 2018 Results

August 7, 2018 7:30 AM EDT

STAMFORD, Conn., Aug. 7, 2018 /PRNewswire/ --

Key Financial Metrics

Total revenues(1) were $204.3 million Total lease rental and finance and sales-type lease revenues were $187.4 million Net income was $50.2 million, or $0.64 per diluted common share Adjusted net income(2) was $52.4 million, or $0.67 per diluted common share Adjusted EBITDA(2) was $192.6 million Cash ROE(2) was 14.9%; net cash interest margin was 8.3%

Second Quarter 2018 Highlights

Acquired nine narrow-body aircraft for $302 million Sold four narrow-body aircraft for $134 million and recorded gains on sale of $19.9 million... More