FTAI Stock Recent News

FTAI Aviation stock has gained more than 173% in the past year, prompting a reevaluation of its price target. Q1 2024 saw robust growth in revenues, driven by higher aerospace products revenues and increased maintenance revenues. FTAI Aviation expects a strong year with solid demand and EBITDA growth of >15% targeted.

As the saying goes, the trend is your friend. High-momentum stocks can be profitable, often with higher short- and medium-term win rates.

FTAI Aviation (FTAI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

FTAI, SPOT and ASMIY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 29, 2023.

Here is how FTAI Aviation (FTAI) and Leidos (LDOS) have performed compared to their sector so far this year.

The headline numbers for FTAI Aviation (FTAI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

FTAI Aviation (FTAI) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.22 per share a year ago.

NEW YORK, March 22, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or “FTAI”) plans to announce its financial results for the first quarter 2024 after the closing of Nasdaq on Thursday, April 25, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.ftaiaviation.com/.

FTAI Aviation (FTAI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here is how FTAI Aviation (FTAI) and Leidos (LDOS) have performed compared to their sector so far this year.