secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS LEASE FINANCE CORP (WLFC)
CIK:        0001018164
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001018164-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Willis Lease Q1 pre-tax income $6.8M vs $27.7M loss; lease rent revenue up 39.6%
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- Diluted EPS $0.55 vs ($3.70) loss; total revenues $89.5M.
- Lease rent revenue $53.2M (+39.6% YoY); maintenance reserve $23.5M (+58.4%).
- No impairment in Q1 2023 vs $21.1M write-down in Q1 2022 on Russia engines.
- Book value per share $62.89; undrawn revolver capacity $258M.
- Spare parts sales $5.1M (down from $6.6M); loss on sale of two engines $0.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018164/000101816423000010/0001018164-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018164/000101816423000010/wlfc-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001018164-23-000010

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