FTAI Aviation (FTAI) Set to Announce Earnings on Wednesday

FTAI Aviation (NYSE:FTAI - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.77 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.

FTAI Aviation (NYSE:FTAI - Get Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). FTAI Aviation had a positive return on equity of 180.68% and a negative net margin of 1.50%. The business had revenue of $443.59 million during the quarter, compared to analyst estimates of $361.92 million. On average, analysts expect FTAI Aviation to post $2 EPS for the current fiscal year and $5 EPS for the next fiscal year.

FTAI Aviation Stock Up 0.4 %

Shares of FTAI Aviation stock traded up $0.60 during trading hours on Wednesday, hitting $140.83. The company's stock had a trading volume of 785,308 shares, compared to its average volume of 1,027,284. FTAI Aviation has a 1-year low of $33.08 and a 1-year high of $149.74. The business has a fifty day moving average of $128.16 and a 200 day moving average of $102.78. The company has a market capitalization of $14.12 billion, a PE ratio of 64.03 and a beta of 2.04.

Analysts Set New Price Targets

Several brokerages have recently weighed in on FTAI. JMP Securities upped their target price on shares of FTAI Aviation from $90.00 to $132.00 and gave the company a "market outperform" rating in a research note on Thursday, July 25th. BTIG Research assumed coverage on shares of FTAI Aviation in a research report on Monday, August 26th. They issued a "buy" rating and a $140.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a "buy" rating in a research report on Tuesday. Royal Bank of Canada restated a "buy" rating on shares of FTAI Aviation in a research report on Friday, October 18th. Finally, Morgan Stanley reaffirmed an "underperform" rating on shares of FTAI Aviation in a report on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $138.64.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, 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.