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Air Lease Q1 Earnings & Revenues Top Estimates, Improve Y/Y
Air Lease Air Lease (US:AL) ZACKS·2025-05-07 03:05

Air Lease Corporation’s (AL) reported solid first-quarter 2025 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share (EPS) of 1.51beattheZacksConsensusEstimateof1.51 beat the Zacks Consensus Estimate of 1.24 and improved 15.3% year over year. The upside was owing to an increase in AL’s rental revenues and aircraft sales, trading and other revenue, partially offset by higher interest expense, driven by the increase in AL’s composite cost of funds.Total revenues of $738.3 million sur ...