FTAI Aviation Ltd. (FTAI) experienced a significant 24-hour plunge of 11.27% during Wednesday's trading session, following the release of its fourth-quarter financial results.
The sharp decline came after the company reported quarterly results that missed analyst expectations on key metrics. FTAI Aviation posted Q4 adjusted EBITDA of $277.178 million, falling short of the IBES estimate of $290.5 million. The company also reported earnings of $1.08 per share, which missed consensus estimates ranging from $1.18 to $1.29, while revenue of $662.03 million came in below expectations of approximately $688-696 million.
Despite announcing a dividend increase to $0.40 per ordinary share and reporting growth in net income, investors focused on the below-expectations performance across EBITDA, earnings per share, and revenue metrics, leading to the substantial sell-off during the trading session.
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