COUNTY DUBLIN, Ireland (AP) _ Fly Leasing Ltd. (FLY) on Thursday reported second-quarter profit of $9.6 million.

On a per-share basis, the County Dublin, Ireland-based company said it had net income of 32 cents. Earnings, adjusted for non-recurring costs, came to 37 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The commercial aircraft leasing company posted revenue of $80 million in the period.

Fly Leasing shares have fallen 53% since the beginning of the year. The stock has dropped 45% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLY at https://www.zacks.com/ap/FLY

Automated Insights, source Associated Press News