Air Lease Corp expected to post earnings of 91 cents a share - Earnings Preview

Air Lease

04/05/2024 03:00

* Air Lease Corp  AL.N   AL  is expected to show a rise in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The Los Angeles California-based  company is expected to
report
a 6.5% increase in revenue to $677.21 million from $636.14
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Air Lease Corp is for
earnings
of 91 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Air Lease
Corp is
$55.50​, above​ its last closing price of $51.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.07        1.08       1.89      Beat    75.7
 Sep. 30 2023  1.03        1.03       1.10      Beat    7.3
 Jun. 30 2023  1.06        1.07       1.10      Beat    2.7​
 Mar. 31 2023  1.02        0.94       1.06      Beat    13.2
 ​​Jan.        1.04        1.01       1.21      Beat    19.6
 1 0001                                                 
 Jan. 1 0001   0.94                   0.90              -1.8​
 Jun. 30 2022  0.89        0.94       0.95      Beat    1.2
 Mar. 31 2022  0.99        0.99       2.84      Beat    187.8
 This summary was machine generated May 4 at 02:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)