Willis Lease Finance Q3 pre-tax income $34.5M (+69%), revises prior error on short-term maintenance revs

WILLIS LEASE FINANCE CORP

2024-Q3 EPS reported $12.57 revenue$416,426,000

Total revenue $146.2M; lease rent revenue $64.9M (+21%); maintenance reserve revenue $49.8M (+32%).
Diluted EPS $3.37 vs $2.13 YoY; pre-tax income $34.5M vs $20.3M (+69%).
Correction: $48.5M short-term maintenance revenue was Q3 only, not year-to-date as previously reported.
Quarterly dividend $0.25/share declared, payable Nov 21 to holders of record Nov 12.
New $1.0B five-year revolving credit facility refinanced existing $500M facility.

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