FTAI Aviation Shares Spike After Revenue Beats Analyst Expectations

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FTAI Aviation Shares Spike After Revenue Beats Analyst Expectations

Dow Jones07-24

Shares of FTAI Aviation were up as much as 5% in postmarket trading after the company reported second-quarter revenue well ahead of analyst estimates.

FTAI Aviation eventually settled to about $108.50 a share, just above the regular session close of $107.84.

The aerospace-product company on Tuesday reported second-quarter revenue of $443.6 million. Analysts had been expecting $360.2 million, according to FactSet.

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