Investing.com - Fly Leasing (NYSE:FLY) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fly Leasing announced earnings per share of $-0.04 on revenue of $80.86M. Analysts polled by Investing.com anticipated EPS of $0.185 on revenue of $60.82M.
Fly Leasing shares are up 71.68% from the beginning of the year, still down 0.65% from its 52 week high of $17.02 set on March 29. They are outperforming the EUR/USD which is down 0% from the start of the year.
Fly Leasing follows other major Services sector earnings this month
Fly Leasing's report follows an earnings beat by Amazon.com on April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Visa A had beat expectations on April 27 with second quarter EPS of $1.38 on revenue of $5.73B, compared to forecast for EPS of $1.27 on revenue of $5.56B.
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