Strength Seen in Air Lease (AL): Can Its 9.2% Jump Turn into More Strength?

Company Overview - Air Lease (AL) shares increased by 9.2% to $44.19 in the last trading session, following a higher-than-average trading volume, contrasting with a 7.5% loss over the past four weeks [1][2] Financial Performance - Air Lease is expected to report quarterly earnings of $1.24 per share, reflecting a year-over-year decline of 5.3%. Revenue is anticipated to be $712.78 million, which is a 7.5% increase from the same quarter last year [3] - Total aircraft investments in the first quarter of 2025 amounted to $800 million, primarily occurring in the latter half of the March quarter [2] Aircraft Fleet and Commitments - As of March 31, 2025, Air Lease's fleet comprised 487 owned aircraft and 57 managed aircraft. The company has commitments to purchase 255 aircraft from Boeing and Airbus for delivery through 2029 [2] Market Position and Trends - The consensus EPS estimate for Air Lease has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - Air Lease holds a Zacks Rank of 3 (Hold), similar to Ryder (R), which also has a Zacks Rank of 3 and reported an 11.1% increase in its stock price [4][5]