Aircastle Limited (AYR) Misses Q3 EPS by 2c

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Aircastle Announces Third Quarter 2018 Results

November 1, 2018 7:30 AM EDT

STAMFORD, Conn., Nov. 1, 2018 /PRNewswire/ --

Key Financial Metrics

Total revenues(1) were $190.8 million Net income was $36.3 million, or $0.46 per diluted common share Adjusted net income(2) was $38.2 million, or $0.49 per diluted common share Adjusted EBITDA(2) was $179.2 million Cash ROE(2) was 13.7%; net cash interest margin was 8.6%

Third Quarter 2018 Highlights

Aircastle now has investment grade credit ratings from all three major credit rating agencies; Upgraded to investment grade by Moody's Investors Service in August Issued our first investment grade senior unsecured note for... More