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Fly Leasing: 1Q Earnings Snapshot

Fly Leasing: 1Q Earnings Snapshot

Associated Press

DUN LAOGHAIRE, Ireland (AP) _ Fly Leasing Ltd. (FLY) on Thursday reported first-quarter earnings of $45 million.

The Dun Laoghaire, Ireland-based company said it had net income of $1.38 per share. Earnings, adjusted for non-recurring costs, were $1.44 per share.

The commercial aircraft leasing company posted revenue of $134.7 million in the period.

Fly Leasing shares have increased 37% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.44, a rise of slightly more than 2% in the last 12 months.

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