FONT-SIZE Plus   Neg

Air Lease Corp. Q1 Profit Up 49% - Quick Facts

Air Lease Corp. (AL) Thursday said first-quarter profit increased to $40.0 million or $0.38 per share from $26.93 million or $0.26 per share in the same period last year.

Adjusted earnings for the quarter was $47.77 million. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.38 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $192 million, up 45 percent from $133 million last year. Analysts expected revenues of $195.98 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Xbox Live users are aggravated about repeated outages that have prevented gamers from accessing online multiplayer features. Blaming higher egg prices and other rising costs, Dunkin's Donuts will close 100 stores, all of them Speedway gas station and convenience store locations. Micron Technology, Inc. said that its fourth quarter profit fell 59% from last year, as sales declined and gross margins deteriorated amid weak demand and pricing pressures due to continued softness in the personal computer market. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly sales.
comments powered by Disqus
Trade AL now with 
Follow RTT