STAMFORD, Conn. (AP) _ Aircastle Ltd. (AYR) on Thursday reported fourth-quarter profit of $47.3 million.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of 62 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 87 cents per share.

The aircraft leasing company posted revenue of $243.7 million in the period.

For the year, the company reported profit of $156.6 million, or $2.06 per share. Revenue was reported as $917.9 million.

Aircastle shares have risen nearly 1% since the beginning of the year. The stock has risen 54% 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 AYR at https://www.zacks.com/ap/AYR

Automated Insights, source Associated Press News