Willis Lease Finance Corporation Reports Strong Third Quarter Pre-Tax Income of $34.5 million; Pre-Tax Income Up 69% as Compared to that of the Third Quarter of the Prior Period; Board Dec...
Willis Lease Finance Corporation (WLFC)
US:NASDAQ Investor Relations:
willislease.com/investors.aspx
Company Research
Source: GlobeNewswire
COCONUT CREEK, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported third quarter total revenues of $146.2 million and quarterly pre-tax income of $34.5 million. The Company also announced its quarterly dividend of $0.25 per share, expected to be paid on November 21, 2024, with a record holder date of November 12, 2024. For the three months ended September 30, 2024, core lease rent and maintenance reserve revenues were $114.7 million in the aggregate, up 26% as compared to $91.3 million for the same period in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with the continued strength of the aviation marketplace, as airlines leverage the Company’s leasing, parts and maintenance capabilities to avoid protracted, expensive engine shop visits. “Scale through growth has proven to be an important factor in our profitability,” said Austin C. Willis, Chief
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News
- Willis Sustainable Fuels Selects McDermott for Sustainable Aviation Fuel Facilities in the UK [Yahoo! Finance]Yahoo! Finance
- Willis Sustainable Fuels (UK) Limited Enters into Master Services Agreement with McDermott [Yahoo! Finance]Yahoo! Finance
- Willis Sustainable Fuels (UK) Limited Enters into Master Services Agreement with McDermottGlobeNewswire
- Willis Lease Finance Corporation (WLFC): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Willis Lease Finance Corporation Appoints Z. Clifton Dameron as Senior Vice President [Yahoo! Finance]Yahoo! Finance
WLFC
Sec Filings
- 11/19/24 - Form 4
- 11/14/24 - Form 4
- 11/13/24 - Form 4
- WLFC's page on the SEC website