Fly Leasing Reports Third Quarter 2020 Financial Results

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Fly Leasing (FLY) Misses Q3 EPS by 66c, Revenues Miss

November 12, 2020 7:04 AM EST

Fly Leasing (NYSE: FLY) reported Q3 EPS of ($0.30), $0.66 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $60.08 million versus the consensus estimate of $77.9 million.

Highlights

Net loss of $8.1 million, $0.26 loss per share2.1x net debt to equity$285.1 million of unrestricted cash and... More