Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Reflecting On Vehicle Parts Distributors Stocks’ Q4 Earnings: FTAI Aviation (NASDAQ:FTAI)

FTAI Cover Image

As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the vehicle parts distributors industry, including FTAI Aviation (NASDAQ: FTAI) and its peers.

Supply chain and inventory management are themes that grew in focus after COVID wreaked havoc on the global movement of raw materials and components. Transportation parts distributors that boast reliable selection in sometimes specialized areas combined and quickly deliver products to customers can benefit from this theme. Additionally, distributors who earn meaningful revenue streams from aftermarket products can enjoy more steady top-line trends and higher margins. But like the broader industrials sector, transportation parts distributors are also at the whim of economic cycles that impact capital spending, transportation volumes, and demand for discretionary parts and components.

The 4 vehicle parts distributors stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 2.9%.

In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.

Weakest Q4: FTAI Aviation (NASDAQ: FTAI)

With a focus on the CFM56 engine that powers Boeing and Airbus’s planes, FTAI Aviation (NASDAQ: FTAI) sells, leases, maintains, and repairs aircraft engines.

FTAI Aviation reported revenues of $498.8 million, up 59.5% year on year. This print exceeded analysts’ expectations by 0.9%. Overall, it was a satisfactory quarter for the company with a solid beat of analysts’ EBITDA estimates.

“In the last quarter, we delivered outstanding financial performance across the board, and I am pleased to see the continued strength of our Aerospace Products and Aviation Leasing segments,” said Joe Adams, Chairman of the Board and CEO of FTAI.

FTAI Aviation Total Revenue

FTAI Aviation scored the fastest revenue growth but had the weakest performance against analyst estimates of the whole group. Even though it had a relatively good quarter, the market seems discontent with the results. The stock is down 3.4% since reporting and currently trades at $128.50.

Is now the time to buy FTAI Aviation? Access our full analysis of the earnings results here, it’s free.

Best Q4: Air Lease (NYSE: AL)

Established by a founder of Century City in Los Angeles, Air Lease Corporation (NYSE: AL) provides aircraft leasing and financing solutions to airlines worldwide.

Air Lease reported revenues of $712.9 million, flat year on year, outperforming analysts’ expectations by 1.6%. The business had an exceptional quarter with an impressive beat of analysts’ EBITDA estimates.

Air Lease Total Revenue

The market seems content with the results as the stock is up 3.4% since reporting. It currently trades at $47.92.

Is now the time to buy Air Lease? Access our full analysis of the earnings results here, it’s free.

Rush Enterprises (NASDAQ: RUSHA)

Headquartered in Texas, Rush Enterprises (NASDAQ: RUSH.A) provides truck-related services and solutions, including sales, leasing, parts, and maintenance for commercial vehicles.

Rush Enterprises reported revenues of $2.01 billion, flat year on year, exceeding analysts’ expectations by 8.2%. It may have had the worst quarter among its peers, but its results were still good as it also locked in an impressive beat of analysts’ adjusted operating income estimates and a decent beat of analysts’ EPS estimates.

Rush Enterprises delivered the biggest analyst estimates beat but had the slowest revenue growth in the group. As expected, the stock is down 4.7% since the results and currently trades at $58.32.

Read our full analysis of Rush Enterprises’s results here.

GATX (NYSE: GATX)

Originally founded to ship beer, GATX (NYSE: GATX) provides leasing and management services for railcars and other transportation assets globally.

GATX reported revenues of $413.5 million, up 12.2% year on year. This result topped analysts’ expectations by 0.9%. Overall, it was a strong quarter as it also logged full-year EPS guidance exceeding analysts’ expectations and an impressive beat of analysts’ EPS estimates.

The stock is up 8.1% since reporting and currently trades at $167.05.

Read our full, actionable report on GATX here, it’s free.


Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Join Paid Stock Investor Research

Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.