Willis Lease: 4Q Earnings Snapshot

Willis Lease: 4Q Earnings Snapshot

In this article:

COCONUT CREEK, Fla. (AP) _ Willis Lease Finance Corp. (WLFC) on Wednesday reported fourth-quarter profit of $18.1 million.

On a per-share basis, the Coconut Creek, Florida-based company said it had net income of $2.91.

The jet engine lessor posted revenue of $118.2 million in the period.

For the year, the company reported profit of $43.2 million, or $6.60 per share. Revenue was reported as $348.3 million.

Willis Lease shares have climbed 10 percent since the beginning of the year. The stock has increased 33 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLFC at https://www.zacks.com/ap/WLFC

Advertisement