Babcock & Brown Air Ltd. (FLY) reported third-quarter net income of $14.449 million or $0.48 per share compared to $16.029 million or $0.48 per share a year ago.
Analysts polled by Thomson Reuters expected the company to report profit of $0.24 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues increased to $67.795 million from $66.310 million last year.
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