Investing.com - Fly Leasing (NYSE:FLY) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Fly Leasing announced earnings per share of $-0.26 on revenue of $60.08M. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $77.87M.
Fly Leasing shares are down 65% from the beginning of the year, still down 66.31% from its 52 week high of $20.36 set on December 18, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Fly Leasing shares gained 4.23% in after-hours trade following the report.
Fly Leasing follows other major Services sector earnings this month
Fly Leasing's report follows an earnings beat by Amazon.com on October 29, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.
Alibaba ADR had beat expectations on November 5 with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $13.82 on revenue of $154.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar