FTAI Aviation Ltd.

FTAI

KYG3730V1059

Corporate Financial Services

End-of-day quote Nasdaq Other stock markets 06:00:00 2024-05-09 pm EDT			5-day change	1st Jan Change
79.11 ^USD	+0.52%		+1.01%	+70.50%

May. 03	RBC Capital Starts FTAI Aviation With Outperform Rating, $85 Price Target	MT
May. 01	Morgan Stanley Raises Price Target on FTAI Aviation to $85 From $70, Keeps Overweight Rating	MT

FTAI Aviation Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024

April 25, 2024 at 04:16 pm EDT

FTAI Aviation Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 53.16 million compared to USD 55.98 million a year ago. Revenue was USD 326.69 million compared to USD 292.72 million a year ago.

Net income was USD 39.62 million compared to USD 29.4 million a year ago. Basic earnings per share from continuing operations was USD 0.31 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to USD 0.22 a year ago.

Latest news about FTAI Aviation Ltd.

RBC Capital Starts FTAI Aviation With Outperform Rating, $85 Price Target	May. 03	MT
Morgan Stanley Raises Price Target on FTAI Aviation to $85 From $70, Keeps Overweight Rating	May. 01	MT
Stifel Nicolaus Adjusts FTAI Aviation Price Target to $66 From $59, Maintains Hold Rating	Apr. 29	MT
JMP Securities Raises Price Target on Fortress Transportation and Infrastructure Investors to $85 From $66, Maintains Market Outperform Rating	Apr. 29	MT
Transcript : FTAI Aviation Ltd., Q1 2024 Earnings Call, Apr 26, 2024	Apr. 26
FTAI Aviation Q1 Earnings, Revenue Rise	Apr. 26	MT
Earnings Flash (FTAI) FTAI AVIATION Posts Q1 Revenue $326.7M, vs. Street Est of $302.6M	Apr. 25	MT
Earnings Flash (FTAI) FTAI AVIATION Reports Q1 EPS $0.31, vs. Street Est of $0.42	Apr. 25	MT
FTAI Aviation Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
FTAI Aviation Ltd. Announces the Successful Execution of a Perpetual Power Agreement with Latam Airlines Group SA	Apr. 25	CI
FTAI Aviation Discloses Results of Tender Offer for 6.5% Notes Due 2025	Apr. 11	MT
Fortress Transportation and Infrastructure Investors LLC Announces Expiration and Results of Cash Tender Offer for Any and All of its Outstanding 6.50% Senior Notes Due 2025	Apr. 11	CI
Barclays Raises Price Target on FTAI Aviation to $80 From $62, Maintains Overweight Rating	Apr. 04	MT
Fortress Transportation and Infrastructure Investors LLC Prices Previously Announced Private Offering of $700.0 Million Aggregate Principal Amount of Senior Notes Due 2031	Apr. 02	CI
Benchmark Adjusts Price Target on FTAI Aviation to $100 From $45, Maintains Buy Rating	Mar. 15	MT
Morgan Stanley Raises FTAI Aviation Price Target to $70 From $58, Maintains Overweight Rating	Feb. 27	MT
Barclays Raises Price Target on FTAI Aviation to $62 From $52, Maintains Overweight Rating	Feb. 27	MT
Deutsche Bank Raises FTAI Aviation's Price Target to $65 From $54, Maintains Buy Rating	Feb. 26	MT
Stifel Downgrades FTAI Aviation to Hold From Buy, Adjusts Price Target to $59 From $40	Feb. 26	MT
Transcript : FTAI Aviation Ltd., Q4 2023 Earnings Call, Feb 23, 2024	Feb. 23
FTAI Aviation Q4 Earnings, Revenue Rise; Maintains Quarterly Dividend -- Shares Up After Hours	Feb. 22	MT
Earnings Flash (FTAI) FTAI AVIATION Reports Q4 EPS $1.09, vs. Street Est of $0.40	Feb. 22	MT
Earnings Flash (FTAI) FTAI AVIATION Reports Q4 Revenue $312.7M, vs. Street Est of $309.2M	Feb. 22	MT
FTAI Aviation Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 22	CI
FTAI Aviation Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 22	CI

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Company Profile

FTAI Aviation Ltd. owns and maintains commercial jet engines with a focus on CFM56 engines. The Companyâs segments include Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers. The Aerospace Products segment develops and manufactures through a joint venture, and repairs and sells, through arrangements, aircraft engines and aftermarket components for aircraft engines. The Companyâs portfolio of products, including The Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to its airline, lessor, and maintenance, repair, and operations customer base. Additionally, it owns and leases jet aircraft, which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products. It also owns and manages approximately 330 aviation assets.

Sector

Corporate Financial Services

Calendar

2024-05-29 - Annual General Meeting

Related indices

Russell 2000

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Ratings for FTAI Aviation Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

79.11 USD

Average target price

83.18 USD

Spread / Average Target

+5.15%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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Commercial Leasing