On Thursday, August 13, Fly Leasing FLY will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Sell-side analysts expect Fly Leasing's EPS to be near $0.45 on sales of $83.41 million. In the same quarter last year, Fly Leasing reported EPS of $1.92 on revenue of $147.03 million. If the company were to match the consensus estimate, earnings would be down 76.56%. Here's how the company's EPS has stacked up against analyst estimates in the past:
|Quarter||Q1 2020||Q4 2020||Q3 2019||Q2 2019|
|Revenue Estimate||120.52 M||136.32 M||148.21 M||140.66 M|
|Revenue Actual||121.56 M||154.25 M||139.03 M||147.03 M|
Over the last 52-week period, shares are down 45.76%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Fly Leasing is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/mwe7cvqp
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