Investing.com - Fly Leasing (NYSE:FLY) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Fly Leasing announced earnings per share of $0.37 on revenue of $79.96M. Analysts polled by Investing.com anticipated EPS of $0.45 on revenue of $83.4M.
Fly Leasing shares are down 52.81% from the beginning of the year, still down 60.15% from its 52 week high of $23.21 set on November 8, 2019. They are under-performing 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 July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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