Recap: Air Lease Q4 Earnings

Air Lease AL reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Air Lease beat estimated earnings by 77.78%, reporting an EPS of $1.92 versus an estimate of $1.08.

Revenue was up $114.96 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.54 which was followed by a 2.07% drop in the share price the next day.

Here's a look at Air Lease's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.05 1.09 0.99 1
EPS Actual 1.59 1.58 1.50 1.42
Revenue Estimate 662.16M 657.68M 607.47M 589.11M
Revenue Actual 659.36M 672.90M 636.14M 601.61M

To track all earnings releases for Air Lease visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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