Air Lease misses Q3 revenue expectations

Air Lease

03/11/2025 21:15

Overview

Air Lease Q3 revenue rises 5.1% yr/yr but misses analyst expectations

Adjusted EPS for Q3 beats analyst estimates, reflecting operational efficiency

Company announces merger with Sumisho Air Lease, closing expected in H1 2026

Outlook

Company has placed 100% of its orderbook on leases through 2026

Company expects merger with Sumisho Air Lease to close in H1 2026

Company has $1.6 bln in aircraft sales pipeline

Result Drivers

FLEET GROWTH - Revenue increase driven by fleet expansion and higher portfolio lease yield

INSURANCE SETTLEMENT - $60 mln net benefit from Russian fleet insurance claims settlement

DECREASED SALES ACTIVITY - Lower sales activity led to a decrease in gain on aircraft sales and trading

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 REVENUE
Miss
$725.40 mln
$743.01 mln (5 Analysts)
Q3 Adjusted EPS
Beat
$1.29
$1.14 (4 Analysts)
Q3 EPS
$1.21
Q3 Net Income
$135.40 mln
Q3 Dividend
$0.22


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the corporate financial services peer group is "buy."

Wall Street's median 12-month price target for Air Lease Corp is $65.00, about 1.8% above its October 31 closing price of $63.86

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw56GmNHa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)