Air Lease (AL) reported $667.29 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.8%. EPS of $1.23 for the same period compares to $1.10 a year ago.The reported revenue represents a surprise of -3.00% over the Zacks Consensus Estimate of $687.93 million. With the consensus EPS estimate being $1.56, the EPS surprise was -21.15%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

Air Lease (AL) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.56 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 -21.15%. A quarter ago, it was expected that this company that leases planes to airlines would post earnings of $1.49 per share when it actually produced earnings of $1.31, delivering a surprise of -12.08%.Over the last fo ...

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 June 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 Commission file number 001-35121 AIR LEASE CORPORATION (Exact name of registrant as specified in its charter) Delaware 27-1840403 (State or other jur ...

Exhibit 99.1 Air Lease Corporation Announces Second Quarter 2024 Results Los Angeles, California, August 1, 2024 — Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and six months ended June 30, 2024. "We continue to feel the effects of ongoing delays from the aircraft and engine manufacturers. We remain confident and optimistic about the value of our fleet, as seen through our aircraft sales initiatives. There is significant value in our orderbook based on our view of long- t ...

Air Lease Corporation (AL) provided an update on its aircraft investments, sales and significant financing activities occurring in the second quarter of 2024.As of Jun 30, 2024, Air Lease’s fleet included 474 owned aircraft and 67 managed aircraft. By the end of the second quarter of 2024, AL had commitments to purchase 307 aircraft from Boeing and Airbus for delivery through 2029.The company had already delivered 13 new aircraft from its order book, which comprises two Airbus A220s, five Airbus A321neos, o ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fun ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 9:Carvana Co. (CVNA) : Thise-commerce platform provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.Carvana's shares gained 51.9% over the last three months compared with the S&P 500’s advanced of 8.1%. The company possesses a Momentum Score of B.Air Lease Corporation (AL) : This aircraft leasing company has a Zac ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Carvana Co. (CVNA) : This e-commerce platform provider has seen the Zacks Consensus Estimate for its current year earnings increasing 55.3% over the last 60 days.Entrada Therapeutics, Inc. (TRDA) : This biotechnology company has seen the Zacks Consensus Estimate for its current year earnings increasing 91.6% over the last 60 days.Bumble Inc. (BMBL) : This online dating and social networking platform provider has seen the Zacks Consensus ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 9:Air Lease Corporation (AL) : This aircraft leasing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.Air Lease Corporation has a price-to-earnings ratio (P/E) of 6.77 compared with 15.00 for the industry. The company possesses a Value Score of A.Bumble Inc. (BMBL) : This online dating and social networki ...

Air Lease Corporation (AL) performed well in the past year and has the potential to sustain the momentum in the future.Let’s look at the factors why investors should retain this stock.Factors Favoring Air LeaseAir Lease's top line is benefiting from the continuous growth in its fleet and an increase in sales activity. In the first quarter of 2024, AL's top line improved 4.27% year over year. As of Mar 31, 2024, Air Lease’s fleet included 472 owned aircraft and 73 managed aircraft, and it had commitments to ...