Aircastle (AYR) Set to Announce Quarterly Earnings on Tuesday

Aircastle (NYSE:AYR) will announce its earnings results before the market opens on Tuesday, February 13th. Analysts expect the company to announce earnings of $0.58 per share for the quarter.

Aircastle (NYSE:AYR) opened at $21.91 on Tuesday. The company has a market capitalization of $1,720.00, a PE ratio of 10.74, a P/E/G ratio of 1.40 and a beta of 1.77. Aircastle has a 52 week low of $20.84 and a 52 week high of $25.98.

Several research analysts have commented on AYR shares. Credit Suisse Group boosted their target price on Aircastle from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Citigroup started coverage on Aircastle in a research note on Friday, December 8th. They set a “neutral” rating and a $25.00 target price for the company. Finally, ValuEngine downgraded Aircastle from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 6th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. Aircastle has a consensus rating of “Hold” and an average target price of $25.11.

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About Aircastle

Aircastle Limited is a holding company. The Company, through its subsidiaries, acquires, leases and sells commercial jet aircrafts to airlines. The Company is engaged in financing and managing commercial flight equipment. The Company manages its aircrafts in the United States, Ireland and Singapore. As of December 31, 2016, the Company owned and managed on behalf of its joint ventures 206 aircrafts leased to 71 lessees located in 36 countries.

Earnings History for Aircastle (NYSE:AYR)

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