Air Lease Corporation (AL) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Let’s delve deeper.Unimpressive Price Performance: Air Lease has gained 17% so far this year but underperformed its industry’s surge of 48%.YTD Price ComparisonImage Source: Zacks Investment ResearchWeak Zacks Rank: Air Lease currently carries a Zacks Rank #4 (Sell).Southward Earnings Estimate Revision: The Zacks Consensus Estimate for fourth-quarter 2024 earnings has been r ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In August, I covered Air Lease Corporation after the stock plunged on fears of recession. I pointed out that against a book value valuation and enterprise-to-EBITDA valuation, there was at least 25% to 29% upside. Perhaps not a huge surpriseDhierin ...

Shares of Air Lease Corporation (AL) have had a good time on the bourses of late, improving in double-digits over the past 30 days. The encouraging price performance resulted in AL outperforming its industryin the said time frame. Moreover, AL’s price performance compares favorably with other industry players like Wabtec Corporation (WAB) and The Greenbrier Companies, Inc. (GBX) in the same time frame.One-Month Price Comparison Image Source: Zacks Investment ResearchGiven the recent rally, the question that ...

Air Lease Corporation’s (AL) reported solid third-quarter 2024 results wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly earnings per share (EPS) of $1.25 beat the Zacks Consensus Estimate of $1.22.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Total revenues of $690.2 million lagged the Zacks Consensus Estimate of $681.7 million and grew 4.7% year over year.Other StatisticsRevenues from the rental of flight equipment grew 3.5% year over year to $62 ...

Air Lease Corporation (NYSE:AL) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Jason Arnold - Head of IR Steven Hazy - Executive Chairman John Plueger - CEO and President Gregory Willis - EVP and CFO Conference Call Participants Jamie Baker - JPMorgan Terry Market - Barclays Hillary Cacanando - Deutsche Bank Moshe Orenbuch - TD Cowen Stephen Trent - Citigroup Ronald Epstein - Bank of America Operator Good afternoon, my name is Audra and I will be your conference operator t ...

Air Lease (AL) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.46%. A quarter ago, it was expected that this company that leases planes to airlines would post earnings of $1.56 per share when it actually produced earnings of $1.23, delivering a surprise of -21.15%.Over the last four ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |-----------------------------------------------------------------------------------------------------|--------------------------- ...

Exhibit 99.1 Air Lease Corporation Announces Third Quarter 2024 Results Los Angeles, California, November 7, 2024 — Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and nine months ended September 30, 2024. "Demand for commercial aircraft remains high, and we are continuing to place aircraft at rising lease rates, while also harvesting solid gains on sales from our existing fleet – underscoring the deep value embedded in our young $28 billion fleet and $18 billion forward ord ...

Air Lease Corporation (AL) is scheduled to report third-quarter 2024 results on Nov. 7, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Air Lease has a mixed earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, delivering an average surprise of 10.11%.The Zacks Consensus Estimate for AL’s third-quarter 2024 earnings has been revised downward by 2.4% in the past 60 days.Given th ...

Air Lease (AL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 7. ...