Willis Lease Finance Q2 pre-tax income $19M, up 73% YoY; lease rent +48%

WILLIS LEASE FINANCE CORP

2023-Q2 EPS reported $2.57 revenue$198,531,000

Pre-tax income of $19.0M vs $11.0M in Q2 2022, a 73.2% increase.
Lease rent revenue rose 48.3% to $54.4M; maintenance reserve revenue up 46.1% to $35.4M.
Diluted EPS of $2.02 vs $0.81 in prior-year quarter; book value per share $64.69.
Total revenues of $109.0M; gain on sale of leased equipment $4.5M (two engines).
Undrawn revolver capacity $242.0M; portfolio of 348 engines, 12 aircraft as of June 30.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WILLIS LEASE FINANCE CORP reported the three months ended June 30, 2023 results: revenue $109.0 million, EPS $2.02 per diluted share.

Period: the three months ended June 30, 2023
Revenue: $109.0 million
EPS: $2.02 per diluted share
Result: reported results

Exact text from the filing

Willis Lease Finance Corporation (NASDAQ: WLFC) today reported second quarter total revenues of $109.0 million and pre-tax earnings of $19.0 million.

View on SEC.gov

Browse all earnings releases →

WILLIS LEASE FINANCE CORP filing history →

Source: SEC EDGAR

accession 0001018164-23-000014

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.