NEW YORK (AP) — NEW YORK (AP) — FTAI Aviation Ltd. (FTAI) on Thursday reported fourth-quarter earnings of $118.4 million.
The New York-based company said it had net income of $1.09 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.
The transportation infrastructure company posted revenue of $312.7 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $303.9 million.
For the year, the company reported profit of $243.8 million, or $2.11 per share. Revenue was reported as $1.17 billion.
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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 FTAI at https://www.zacks.com/ap/FTAI