Air Lease: Q4 Earnings Snapshot

Associated Press Finance
14 Feb

LOS ANGELES (AP) — LOS ANGELES (AP) — Air Lease Corp. (AL) on Thursday reported fourth-quarter earnings of $112.9 million.

On a per-share basis, the Los Angeles-based company said it had net income of 83 cents. Earnings, adjusted for pretax expenses and amortization costs, were $1.34 per share.

The company that leases planes to airlines posted revenue of $712.9 million in the period.

For the year, the company reported profit of $427.7 million, or $3.33 per share. Revenue was reported as $2.73 billion.

Air Lease shares have declined almost 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $46.35, an increase of 12% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AL at https://www.zacks.com/ap/AL

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10