Recap: Fly Leasing Q2 Earnings

Shares of Fly Leasing FLY rose 0.1% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 80.73% year over year to $0.37, which missed the estimate of $0.45.

Revenue of $79,962,000 declined by 45.62% from the same period last year, which missed the estimate of $83,410,000.

Guidance

Fly Leasing hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 13, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/mwe7cvqp

Price Action

52-week high: $23.21

52-week low: $3.41

Price action over last quarter: Up 52.55%

Company Profile

Fly Leasing Ltd is principally involved in the commercial aircraft business. In addition, to arranging for the leasing of the fleet the group is also involved acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing Fly Leasing's rights against lessees.