FTAI Aviation rises after aerospace products strength drives Q3 core profit beat
FTAI•FTAI Aviation reported third-quarter adjusted EBITDA of $348.3 million, above analysts’ estimate of $319.7 million. Earnings per share rose to $1.43 from $1.10 a year earlier.
1. Quarterly results
FTAI Aviation’s third-quarter adjusted core profit beat analyst estimates, supported by strength in its aerospace products unit. Adjusted EBITDA was $348.3 million, compared with the $319.7 million estimate, while earnings per share increased to $1.43 from $1.10 a year earlier.
