LongFundamentals
Strong Earnings Growth: WLFC reported a significant increase in EPS, reaching $6.21 in Q2 2024, compared to $2.02 in the prior year, highlighting strong financial performance.
Revenue Surge: The company’s total revenue grew by 38.6%, driven by record lease rent and maintenance reserve revenues, indicating robust demand and effective asset utilization.
Strategic Acquisitions: WLFC expanded its lease portfolio with new aircraft and engine acquisitions, enhancing future revenue potential and asset base.
Operational Efficiency: Income from operations surged to $54.1 million, reflecting improved efficiency and higher asset utilization, contributing to a 205.3% increase in pre-tax income.
Shareholder Value: WLFC’s book value per share increased to $73.64, and the company declared both a regular and a special dividend, signaling confidence in continued profitability and a commitment to returning value to shareholders.
Technical
Overall bullish momentum has been maintained, positive earnings release supported bullish momentum with upward price gap,
Prices pull back and retested gap as support before setting new higher high.
Long.
WLFC trade ideas
Willis Lease Finance - RSI overbought zoneWillis Lease Finance reports Q4 results
Willis Lease Finance (NASDAQ: WLFC): Q4 GAAP EPS of - $ 0.62.
Revenue of $ 61.49M (-31.1% Y / Y)
"Willis Lease Finance Corporation (WLFC) today reported total annual revenues of $ 288.7 million and pre-tax profit of $ 17.3 million for the year ended December 31, 2020. The Company reported lower revenue in 2020 compared to the prior year, primarily due to the impact of the COVID-19 pandemic. The slowdown in global travel has led to a reduction in aircraft and engine utilization and a reduction in demand for aircraft and engine spare parts that keep airline fleets in operation. For the year ended December 31 , 2020, aggregate lease rent and maintenance reserve revenues were $ 248.3 million and spare parts and equipment sales were $ 18.6 million. "
Willis Lease Finance has been going up a lot in the last few days and the RSI has entered an overbought zone.
In these cases, however, we must pay close attention to the false signals of the RSI, especially after news on the quarterly that made the stock rise.
To filter the RSI's false signals, you can observe the MACD and avoid short positions when it is positive and up.
The slope moving average also marks an uptrend.
If you want to learn more about the techniques to filter false RSI signals read this article: financestrategysystem.com