Air Lease Corp reports results for the quarter ended June 30 - Earnings Summary

Air Lease

04/08/2025 22:01

Air Lease Corp AL.N reported quarterly adjusted earnings of $3.33​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 81 cents.  The mean expectation of seven analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 62 cents to 88 cents per share.

Revenue rose 9.7% to $731.70 million from a year ago; analysts expected $715.11 million.

Air Lease Corp's reported EPS for the quarter was $3.33​.

The company reported quarterly net income of $374.09 million.

Air Lease Corp shares had fallen by 7.1% this quarter and gained 12.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 34.3% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and 1 "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 $67.00, about 17.7% above its last closing price of $55.15

This summary was machine generated from LSEG data August 4 at 09:01 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
Jun. 30 2025
0.78
3.33
Beat
Mar. 31 2025
0.94
0.95
Beat
Dec. 31 2024
0.74
0.89
Beat
Sep. 30 2024
0.79
0.82
Beat