Willis Lease Finance gains on robust first-quarter results
Shares of Willis Lease Finance Corp. (Nasdaq:WLFC), are treading higher this morning after the lessor of commercial jet engines said before the opening bell that first-quarter revenues and earnings grew 19%, as demand for leased engines continues to outpace supply. Specifically, the small cap’s lease portfolio increased 22% to $766 million from a year ago.
Shares gained 12.56%, or $1.35, to $12.10 at 10:35 a.m. ET. For detailed price information and recent news stories about Willis Lease Finance, click WLFC.
About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.
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