Recent Earnings

MidAtlantic Farm Credit Reports 15% Increase in Q1 Net Income

MidAtlantic Farm Credit reported net income for Q1/18 was $13.6 million, a 15.0% increase compared to Q1/17. read more

Hitachi Capital Reports $4.6B in Fiscal 2017 Total Funded Volume

Hitachi Capital America reported $4.6 billion in total funded volume in fiscal 2017. The specialty finance company also surpassed $3 billion in total assets. read more

Deere Reports Higher Q2 Earnings; Projects 30% Fiscal Increase

Deere reported Q2 net income of $1.2 billion compared to $808.5 million in Q2/17. In its outlook, Deere said equipment sales are projected to increase by about 30% for fiscal 2018. read more

Element Fleet Q1 Originations up 10.5% Y/Y

Element Fleet Management announced core fleet originations in Q1/18 were C$1.47 billion, up 10.5% from C$1.33 billion in Q1/17. read more

AmeraMex Reports 33% Increase in Q1 Revenue, $7.6MM in Equipment Orders

AmeraMex reported Q1/18 revenue of approximately $2 million, which marked a 33% increase from Q1/17. The company also received $7.6 million in equipment orders and renewal of rental contracts during the quarter. read more

Ritchie Bros. Reports 65% Increase in Net Income During Q1/18

Ritchie Bros. reported Q1/18 net income of $17.1 million, which marked a 65% improvement compared to $10.4 million for the same quarter in 2017. read more

MidAtlantic Farm Credit 2017 Net Income Up 33.7% Y/Y

MidAtlantic Farm Credit reported 2017 net income of $76.6 million, up from $57.3 million in 2016. Its 2017 loan portfolio increased to $2.7 billion, with acceptable credit quality remaining steady at 98%. read more

ECN Capital Reports Significantly Higher Year/Year Originations

ECN Capital reported Q1/18 originations were $349.2 million, up from $249.4 million sequentially and $31.0 million for the same period in 2017. read more

Air Lease Reports 30% Increase in Q1/18 Earnings

Air Lease announced Q1/18 net income of $110.7 million was up 30.3% from $84.9 million a year earlier. read more

Chesswood Reports 25% Increase in Q1 Earnings; Sets NBV Record

Chesswood Group reported net income of $5.9 million in Q1/18, which was up more than 25% compared to $4.7 million a year earlier. Q1/18 originations were a record $94 million, up 19% compared to $79 million in Q1/17. read more

OnDeck Reports Lower Q1 Loss on Substantial Drop in Provision Charges

OnDeck reported a Q1/18 net loss of $1.9 million, which was down from a net loss of $11.1 million in Q1/17 as provision charges were $9.9 million lower compared to a year earlier. read more

AerCap Completes 114 Q1/18 Aircraft Transactions, Increases Net Income

AerCap executed 114 aircraft transactions in Q1/18, including 28 widebody transactions. The aircraft lessor also reported $265.4 million in net income during the quarter. read more

FLY Leasing Reports 12% Growth in Lease Rental Revenue During Q1/18

FLY Leasing grew operating lease rental revenue by more than 12% in Q1/18. FLY reported net income of $9.6 million, while acquiring one new aircraft on a long-term lease and signing deals to acquire 55 aircraft. read more

Daimler Reports Q1 DFS Volume Increase; Truck Sales Up 21%

Daimler AG reported Financial Services total volume in Q1 of $21.7 billion was up 6% more than the prior-year period. Truck sales were up 21% with the 2018 unit sales outlook “significantly” higher. read more

Boeing Reports 57% Increase in Q1 Earnings, Beats EPS Forecast

Boeing reported Q1/18 earnings of $2,477 million, up 57% from $1,579 million a year earlier. EPS of $3.64 was substantially higher than Thomson Reuters’ forecast of $2.58. read more

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