Air Lease (AL)

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Air Lease (AL) - 2024 Q4 - Annual Results
2025-02-13 21:02
Exhibit 99.1 Air Lease Corporation Announces Fourth Quarter and Fiscal Year 2024 Results Los Angeles, California, February 13, 2025 — Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months and year ended December 31, 2024. "ALC generated record revenues in 2024, driven by our $5 billion in aircraft purchases from our orderbook, and $1.7 billion in aircraft sales. Looking forward, we expect lease rates and aircraft valuations to rise, supporting the value of our business. We ...
Air Lease to Report Q4 Earnings: What's in Store for the Stock?
ZACKS· 2025-02-11 19:56
Air Lease Corporation (AL) is scheduled to report fourth-quarter 2024 results on Feb. 13, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for AL’s fourth-quarter 2024 earnings has remained stable at $1.17 in the past 90 days. The consensus mark implies a 38.1% decline from the year-ago reported figure.Air Lease’s earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, the average beat being 10.26%. However, t ...
Air Lease Announces Encouraging Activity Update for Q4 2024
ZACKS· 2025-01-09 14:35
Air Lease Corporation (AL) provided an update on its aircraft investments, sales and significant financing activities occurring in the fourth quarter of 2024.As of Dec. 31, 2024, Air Lease’s fleet included 489 owned aircraft and 60 managed aircraft. By the end of the fourth quarter of 2024, AL had commitments to purchase 269 aircraft from Boeing and Airbus for delivery through 2029.The company had already delivered 18 new aircraft from its order book, which comprises eight Airbus A220s, three Airbus A321neo ...
Here's Why You Should Avoid Investing in Air Lease Stock Right Now
ZACKS· 2024-12-18 17:25
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 ...
Air Lease Corporation: Aircraft Values Are Firmly Supported And So Is Upside For The Stock
Seeking Alpha· 2024-11-28 11:34
Group 1 - The article discusses the investment potential of Air Lease Corporation, highlighting a possible upside of 25% to 29% based on book value and enterprise-to-EBITDA valuation [1] - The Aerospace Forum aims to identify investment opportunities within the aerospace, defense, and airline sectors, leveraging data analytics for informed decision-making [1] - The author, with a background in aerospace engineering, provides context to industry developments and their implications for investment strategies [1] Group 2 - The article emphasizes the importance of data-informed analysis in driving investment ideas within the aerospace and defense industries [1] - The investing group offers direct access to data analytics monitors, enhancing the research capabilities for investors [1]
Air Lease Gains 16% in a Month: What Should Investors Do Now?
ZACKS· 2024-11-26 17:00
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 Q3 Earnings Surpass Estimates, Revenues Increase Y/Y
ZACKS· 2024-11-08 20:16
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 (AL) - 2024 Q3 - Earnings Call Transcript
2024-11-08 02:15
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) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-08 01:01
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 ...
Air Lease (AL) - 2024 Q3 - Quarterly Report
2024-11-07 21:04
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 | --- | --- | |-----------------------------------------------------------------------------------------------------|--------------------------- ...