Air Lease: Q2 Earnings Snapshot
By AP News
Published - Aug 02, 2024, 02:57 AM ET
Last Updated - Aug 02, 2024, 02:57 AM EDT
LOS ANGELES (AP) — LOS ANGELES (AP) — Air Lease Corp. (AL) on Thursday reported second-quarter earnings of $102.9 million.
On a per-share basis, the Los Angeles-based company said it had profit of 81 cents. Earnings, adjusted for pretax expenses and amortization costs, were $1.23 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share.
The company that leases planes to airlines posted revenue of $667.3 million in the period.
