Air Lease (AL) Q1 Earnings and Revenues Surpass Estimates

Air Lease (AL) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of$ 1.24 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.77%. A quarter ago, it was expected that this company that leases planes to airlines would post earnings of$ 1.14 per share when it actually produced earnings of $1.34, delivering a surprise of 17.54%.Over the last four ...