NYSE$FTAI

FTAI Aviation Ltd · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported financial results for the second quarter 2021 and declared a dividend of $0.33 per common share.

For the second quarter of 2021, total FAD was $68.3 million. The company declared a cash dividend on its common shares of $0.33 per share for the quarter ended June 30, 2021.

  • Closed Transtar, LLC acquisition
  • Executed 10-year refined products hub deal with ExxonMobil
  • Executed a 12-plane, four-year lease deal for A319’s currently on lease with a major U.S. carrier
  • Plan to separate into Aerospace and Infrastructure companies progressing

Headline financials

Total Revenue

$96.9M

Previous: $94.3M+2.8%
EPS (adj)

-$0.39

Previous: -$0.18-116.7%
Adjusted EBITDA

$68M

Previous: $66.5M+2.2%
Dividend per Share

$0.33

Previous: $0.33+0.0%
Capital Expenditures

-$84.1M

Previous: -$130M+35.3%
Free Cash Flow

-$121M

Previous: -$146M+17.2%
Net Income

-$36.6M

Previous: -$15.7M-132.8%
Operating Income

-$89.3M

Previous: -$90.4M+1.3%
Gross Profit

$49.5M

No prior period
Cash & Equivalents

$105M

Previous: $50.9M+106.9%
Total Assets

$3.55B

Previous: $3.29B+8.1%

Revenue & EPS history

FTAI Aviation · Revenue · Quarterly

$96.9M

Q2 2021+2.8%vs Q2 2020
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

FTAI Aviation · $183M total across 3 segments · Q3 2023

  • Asset Sales Revenue
    $73M
  • Maintenance Revenue
    $63.9M
  • Lease Income
    $45.6M

Forward guidance

Cautionary Note Regarding Forward-Looking Statements Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding leases, financings and transactions which have not yet funded or closed, and any plans to potentially separate the company into aerospace and infrastructure companies.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.1%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+1.0%

Avg return

30 days after

50%

24 / 48 earnings

Positive

+9.6%

Q3 2022

Best reaction

-18.9%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.9%+14.4%+4.3%
Q4 2025+2.7%-6.7%-20.8%
Q3 2025-3.2%-6.6%-8.1%
Q1 2025-18.9%+0.8%+9.4%
Q4 2024-7.6%-17.9%-19.9%
Q3 2024-6.3%-4.1%+17.7%
Q2 2024+3.8%+7.0%+13.6%
Q1 2024-3.7%-4.4%+15.0%
Q4 2023+8.5%+6.1%+22.5%
Q3 2023+4.5%+8.2%+22.6%
Q2 2023-4.1%-3.7%+5.6%
Q1 2023+4.7%+3.6%+3.2%
Q4 2022+8.4%+6.6%+2.7%
Q3 2022+9.6%+9.6%+5.7%
Q2 2022+9.5%+7.4%-4.7%
Q1 2022-6.0%-12.1%-12.6%
Q4 2021-2.0%-12.5%-3.3%
Q3 2021-4.5%-4.9%-14.6%
Q2 2021-0.0%-4.9%-2.6%
Q1 2021-5.7%-8.7%-2.4%
Q4 2020-0.7%+5.8%+8.5%
Q3 2020-4.2%-3.0%+29.2%
Q2 2020+1.6%+0.9%+7.9%
Q1 2020-2.9%-6.2%-1.1%
Q4 2019-4.3%-2.1%-54.9%
Q3 2019+3.5%+6.9%+14.1%
Q2 2019+3.9%+1.9%-0.3%
Q1 2019+1.3%+0.1%-4.1%
Q4 2018-1.4%+0.0%+5.9%
Q3 2018+4.6%+5.8%-4.4%
Q2 2018+0.6%+1.6%-3.4%
Q1 2018+0.6%+1.4%+4.5%
Q4 2017-3.7%-5.2%-6.9%
Q3 2017+1.5%-0.3%-0.7%
Q2 2017+1.9%+1.2%-4.7%
Q1 2017+2.0%+2.4%+3.5%
Q4 2016+1.8%+0.1%-2.2%
Q3 2016+5.7%+8.8%+13.6%
Q2 2016-2.7%-2.0%+0.3%
Q1 2016+0.8%
Q4 2015+5.1%
Q3 2014-1.5%
Q3 2015+3.7%
Q2 2014+2.9%
Q2 2015-7.4%
Q4 2014-0.3%
Q1 2015-0.3%
Q1 2014-0.3%
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

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