Benzinga | Aug 12, 2020 10:57AM EDT

Preview: Fly Leasing's Earnings

On Thursday, August 13, Fly Leasing (NYSE: FLY) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Sell-side analysts expect Fly Leasing's EPS to be near $0.45 on sales of $83.41 million. In the same quarter last year, Fly Leasing reported EPS of $1.92 on revenue of $147.03 million. If the company were to match the consensus estimate, earnings would be down 76.56%. Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 1.45 -0.24 1.91 1.43EPS Actual 1.42 2.49 1.93 1.92Revenue Estimate 120.52 M 136.32 M 148.21 M 140.66 MRevenue Actual 121.56 M 154.25 M 139.03 M 147.03 M

Stock Performance

Over the last 52-week period, shares are down 45.76%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Fly Leasing is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/mwe7cvqp