FTAI Earnings Prediction
The chart below shows how FTAI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FTAI sees a -1.56% change in stock price 10 days leading up to the earnings, and a +6.26% change 10 days following the report. On the earnings day itself, the stock moves by +1.08%. This data can give you a slight idea of what to expect for the next quarter's release.
FTAI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
465.79M
60.01%
5.00%
Gross Margin
40.69%
-5.88%
1.70%
Operating Margin
34.05%
11.42%
-197.70%
Net Margin
18.57%
30.87%
-137.46%
EPS
0.76
130.30%
-133.63%
No Data Available
FTAI Earnings Analysis
FTAI Aviation Ltd. Common Stock Corporation (FTAI.O) Earnings Conference Call
Positive
Record Adjusted EBITDA Growth: 1. Record Adjusted EBITDA: FTAI Aviation reported an adjusted EBITDA of $232 million in Q3 2024, marking an 8% increase from $213.9 million in Q2 2024 and a 50% increase from $154.2 million in Q3 2023.
Leasing Segment EBITDA Growth: 2. Strong Leasing Performance: The leasing segment generated approximately $136 million in EBITDA for Q3 2024, up from $112 million in Q2 2024 and $102 million in Q3 2023, with a projected $500 million in leasing EBITDA for 2024.
Aerospace EBITDA Surge: 3. Aerospace Products Growth: The aerospace product segment achieved $101.8 million in EBITDA with a 34% margin, a 12% increase from $91.2 million in Q2 2024 and a 135% increase from $43.3 million in Q3 2023.
Customer Base Expansion: 4. Increased Customer Base: FTAI onboarded a record 19 new customers in Q3 2024, indicating strong demand and a growing market presence.
Dividend Consistency and Stability: 5. Consistent Dividend Payments: The company announced its 38th dividend as a public company, maintaining a consistent payout of $0.30 per share, reflecting ongoing financial stability and commitment to returning value to shareholders.
Negative
Aerospace EBITDA Margin Decline: 1. Declining Aerospace EBITDA Margin: The EBITDA margin for the Aerospace Products segment decreased to 34% in Q3 2024 from 37% in Q2 2024, attributed to low or no margin legacy contracts inherited from the FTAI Canada acquisition.
Working Capital Increase: 2. Increased Working Capital Needs: Working capital increased by approximately $120 million from Q2 to Q3 2024, primarily due to a $50 million inventory increase from the FTAI Canada acquisition and additional parts purchases to support productivity ramp-up.
PMA Parts Revenue Shortfall: 3. Underperformance in PMA Parts: The company indicated it would likely fall short of its initial PMA parts revenue target of $15 million to $20 million for 2024 due to delays in approvals.
Corporate Segment Loss: 4. Negative Contribution from Corporate Segment: The corporate and other segment reported a negative EBITDA of $6.2 million in Q3 2024, indicating ongoing financial strain in this area.
Future Supply Chain Risks: 5. Potential for Future Supply Chain Disruptions: Despite current stability, the company acknowledged the need for significant inventory purchases as a precaution against potential supply chain disruptions, indicating a reliance on pre-ordering parts to mitigate risks.
FTAI FAQs
How does FTAI typically perform around its earnings report dates?
Is FTAI Aviation Ltd. (FTAI) Q3 2024 Earnings Call Summary positive or negative?
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FTAI Earning Call Sentiment
FTAI Aviation Ltd. (FTAI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
FTAI.O
0.29%Positive
The earnings call summary shows strong financial performance, with significant increases in EBITDA across segments and upward revisions of EBITDA guidance. The Q&A session reveals positive trends, like new customer acquisitions and strategic management of supply chain issues. Despite some concerns about competitive pressures and legacy contract margins, the company's proactive measures and optimistic outlook on insurance settlements and capacity expansion support a positive sentiment. The dividend announcement further boosts investor confidence, suggesting a likely stock price increase of 2% to 8% over the next two weeks.
