FTAI Aviation (FTAIM) Projected to Post Quarterly Earnings on Wednesday

FTAI Aviation (NASDAQ:FTAIM) is expected to be issuing its resultson Wednesday, April 29th. Analysts expect the company to announce earnings of $1.88 per share and revenue of $811.7060 million for the quarter.

FTAI Aviation Stock Up 0.1%

Shares of NASDAQ:FTAIM opened at $26.86 on Wednesday. The business’s 50 day moving average price is $27.09 and its 200-day moving average price is $26.98. FTAI Aviation has a 1 year low of $25.40 and a 1 year high of $27.49.

FTAI Aviation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a dividend of $0.59 per share. The ex-dividend date was Monday, March 9th. This represents a $2.36 dividend on an annualized basis and a yield of 8.8%.

About FTAI Aviation

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.