AeroCentury Corp. (ACY) to Release Quarterly Earnings on Monday

AeroCentury Corp. (NYSEMKT:ACY) will be issuing its quarterly earnings data on Monday, November 6th. Analysts expect the company to announce earnings of $0.27 per share for the quarter.

AeroCentury Corp. (NYSEMKT:ACY) last announced its quarterly earnings data on Thursday, August 10th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. The business had revenue of $7.11 million during the quarter, compared to the consensus estimate of $7.84 million. AeroCentury Corp. had a net margin of 4.32% and a return on equity of 3.50%.

Shares of AeroCentury Corp. (ACY) opened at $13.20 on Friday. AeroCentury Corp. has a 12 month low of $8.60 and a 12 month high of $16.10.

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A number of equities analysts have recently commented on ACY shares. Zacks Investment Research raised shares of AeroCentury Corp. from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Monday, August 28th. ValuEngine lowered shares of AeroCentury Corp. from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 11th.

About AeroCentury Corp.

AeroCentury Corp. acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. The Company’s segment is leasing of regional aircraft to foreign and domestic regional airlines. The business of the Company is managed by JetFleet Management Corp. (JMC), an integrated aircraft management, marketing and financing business.

Earnings History for AeroCentury Corp. (NYSEMKT:ACY)

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