What's the outlook for WLFC's earnings in 2025?

**Willis Lease Finance Corporation (WLFC) is poised for a positive earnings outlook in 2025**, considering the following points:

1. **Strong Financial Performance in Q4 2024**: WLFC reported record Q4 earnings, with revenue climbing 33.7% year-over-year (YoY) to $152.8 million and diluted earnings per share increasing to $2.81 compared to $1.53 in the same period last year. This robust performance sets a positive tone for the company's earnings trajectory in 2025.
2. **Growth Drivers**: The growth was primarily driven by recurring lease and maintenance revenues. Lease rent revenue increased by 24.4% to $64.6 million, and maintenance reserve revenue jumped 54.8% to $57.4 million. These segments are expected to continue contributing to the company's earnings growth in 2025.
3. **Strategic Deployments**: WLFC's ability to profitably deploy significant capital in high-demand engines and aircraft is a key factor in its strong performance. The company's lease portfolio grew to $2.87 billion as of December 31, 2024, up from $2.22 billion at the end of 2023. This strategic expansion is likely to translate into continued earnings growth as the company capitalizes on the robust aviation market.
4. **Market Demand**: The aviation market is experiencing a robust period, which is beneficial for WLFC's business model. The company's focus on commercial aircraft and engines leasing, as well as spare parts sales, is well-aligned with the current demand dynamics.
5. **Dividend History**: WLFC has a history of declaring quarterly dividends, with the most recent being $0.25 per share in February 2025. This consistent dividend payout reflects the company's financial stability and confidence in its future earnings, which could be a positive signal for investors looking for stable returns.

In conclusion, WLFC's strong financial performance, strategic deployments, and favorable market conditions suggest that the company is well-positioned for continued earnings growth in 2025.