FTAI Aviation Reports Q3 Revenue Miss Despite Strong Year-over-Year Growth
FTAI Aviation reported third-quarter GAAP earnings per share of $1.43, meeting analyst expectations. However, the company's revenue reached $977.66 million, representing a significant 46.6% increase year-over-year but falling short of estimates by approximately $32.34 million. Despite the top-line miss, Adjusted EBITDA grew 14.8% from the previous quarter to reach $348.3 million. The company reaffirmed its financial outlook for fiscal years 2026 and 2027. To enhance shareholder value, FTAI announced a $500 million accelerated share repurchase program and doubled its total authorization to $1.0 billion.
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