Air Lease Corp. (AL) Thursday reported fourth-quarter net income of $39.8 million or $0.38 per share, compared to $24.8 million or $0.24 per share last year.
On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.36 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues surged 90 percent to $190.10 million from $115.06 million in the comparable quarter last year, while nine analysts estimated revenues of $181.31 million for the quarter.
For comments and feedback: editorial@rttnews.com