Air Lease Corp reports results for the quarter ended December 31 - Earnings Summary

Air Lease

13/02/2025 22:02

* Air Lease Corp  AL.N  reported quarterly adjusted earnings
of 89
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$1.89.  The mean expectation of seven analysts for the quarter
was for earnings of 74 cents per share. Wall Street expected
results to range from 72 cents to 78 cents per share.
    * Revenue fell 0.5% to $712.90 million from a year ago;
analysts
expected $704.03 million. 
    * Air Lease Corp's reported EPS for the quarter was 83
cents​.
    * The company reported quarterly net income of $92.55
million.
    * Air Lease Corp shares had fallen by 5.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the corporate
financial
services peer group is also "buy"

Wall Street's median 12-month price target for Air Lease Corp is
$56.00 
This summary was machine generated from LSEG data February 13 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.74           0.89           Beat
 Sep. 30 2024      0.79           0.82           Beat
 Jun. 30 2024      0.90           0.81           Missed
 Mar. 31 2024      0.94           0.87           Missed