FTAI Aviation Q4 EPS $1.09 Beats $0.44 Estimate, Sales $312.74M Beat $308.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
FTAI Aviation (NASDAQ:FTAI) reported Q4 earnings of $1.09 per share, surpassing the $0.44 estimate, a 445% increase from last year's $0.20. Sales reached $312.74M, beating the $308.50M estimate, marking a 14.02% increase from last year.
February 22, 2024 | 9:21 pm
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POSITIVE IMPACT
FTAI Aviation reported a significant beat on both earnings per share and sales for Q4, with EPS at $1.09 against a $0.44 estimate and sales of $312.74M against a $308.50M estimate.
FTAI Aviation's substantial beat on both earnings per share and sales estimates for Q4 indicates strong financial performance and operational efficiency. The significant outperformance compared to analyst expectations and the impressive year-over-year growth in earnings and sales are likely to positively influence investor sentiment and could lead to a short-term uptick in FTAI's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100