OnDeck reported a Q1/17 net loss of $11.1 million despite a gross revenue increase of $30.3 million, which was partially offset by loan loss charges of $46.2 million, up from $25.4 million in Q1/16. read more

MAY 10, 2017 - 6:26 am

Willis Lease Finance reported pretax income grew 104% to $14.4 million in Q1/17 compared to $7.1 million in Q1/16 on revenues of $77.9 million, up 53.7% from %50.7 million a year earlier. read more

MAY 9, 2017 - 6:22 am

Air Lease reported Q1/17 flight equipment rental revenues of $354.7 million were up 11.8% from $317.2 million in the same quarter in 2016. read more

MAY 8, 2017 - 6:59 am

Rush Enterprises noted in a recent earnings report that it sold 2,706 Class 8 trucks in Q1/17, an increase of 1% compared to Q1/16. Rush noted that U.S. Class 8 truck sales were down 29% over the same period in 2016. read more

MAY 5, 2017 - 7:17 am

In its Q1/17 earnings release, Hyster-Yale reported a 13.7% increase in lift truck shipments and an 11.3% bump in revenues. read more

MAY 2, 2017 - 7:01 am

Marlin Business Services reported Q1/17 origination volume of $168.8 million, up 49%, was an all-time record. Marlin noted it took a one-time, net of tax charge of $2.7 million that hurt Q1/17 earnings performance. read more

APR 28, 2017 - 7:35 am

PACCAR reported Q1/17 net income of $310.3 million compared to a net loss of %594.6 million in Q1/16, which included a European Commission charge of $942.56 million. U.S. and Canada Class 8 truck orders were 40% higher versus Q1/16. read more

APR 26, 2017 - 6:52 am

Caterpillar reported Q1/17 sales and revenues of $9.8 billion were up 3.8% compared to Q1/16. As a result of a stronger than expected start to the year, CAT increased its expectations for full-year 2017 sales and revenues. read more

APR 26, 2017 - 6:45 am

Cat Financial reported that during Q1/17 retail new business volume was $2.34 billion, an increase of $47 million, or 2%, from Q1/16. read more

APR 26, 2017 - 6:21 am

CIT reported Q1/17 net income from continuing operations was $78 million, up 28% from $61.0 million a year earlier. Provision for credit losses in Q1/17 was down 44.5% from $89.5 million a year earlier. read more

APR 25, 2017 - 7:49 am

United Rentals reported total revenue of $1.356 billion and rental revenue of $1.166 billion for Q1/17, compared with $1.310 billion and $1.117 billion, respectively, for the same period last year. read more

APR 24, 2017 - 7:03 am

GATX reported Q1/17 net income of $57.5 million was down 17% from $69.3 million in Q1/16. The railcar lessor noted, “continued railcar oversupply, manufacturing backlog and low fleet utilization combined to prevent lease rate improvement in Q1.” read more

APR 21, 2017 - 8:18 am

In its Q1/17 earnings release, KeyCorp reported operating lease assets of $563 million were up 55.5% from $362 million at the end of the same quarter in 2016. read more

APR 21, 2017 - 7:35 am

U.S. Bancorp reported Q1/17 net income of $1,473 million was up 6.3% from the same quarter in 2016. Average lease financing loans of $5.46 billion in Q1/17 were up 4.1% from $5.24 billion in Q1/16. read more

APR 21, 2017 - 7:24 am

Bank of America reported net income was up 40% to $4.9 billion before preferred stock dividends. EPS of $0.41 exceeds analysis’ estimates of $0.35. read more

APR 19, 2017 - 7:20 am