secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS LEASE FINANCE CORP (WLFC)
CIK:        0001018164
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001018164-24-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WLFC reports record Q1 revenue $119.1M, pre-tax income $29.9M, EPS $3.00
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- Total revenues $119.1M, record; pre-tax income $29.9M, up from $6.8M YoY.
- Core lease rent and maintenance reserve revenues $96.8M, up 26% from $76.7M.
- Diluted EPS $3.00 vs $0.55 in Q1 2023; book value per share $69.35.
- Maintenance reserve revenue $43.9M, up 86.7% YoY on higher asset usage.
- Sold 8 engines in Q1; gain on sale $9.2M (vs loss in prior year).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018164/000101816424000027/0001018164-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018164/000101816424000027/wlfc-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001018164-24-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer